PITTSBURGH -- The Pirates and the New York Yankees have agreed upon a deal sending right-hander A.J. Burnett to Pittsburgh, pending a physical and approval from the commissioner, Dejan Kovacevic reports.
Under the terms of the deal, the Yankees will be paying $20 M of the $33M remaining on Burnett's contract over the next two years. The Pirates will pay $5 M of Burnett's salary for the 2012 season, $8 M for 2013.
In return, the Yankees received minor leaguers right-hander Diego Moreno and outfielder Exicardo Cayones.
Moreno, 25, posted a 3.63 ERA over 41 appearances of relief combined with High-A Bradenton and Double-A Altoona during the 2011 season. The right-hander throws hard but has struggled with injuries and has yet to pitch out of Double-A over five seasons in the minors. Moreno was Rule-5 eligible this offseason, but the Pirates decided to leave him unprotected.
Cayones, 20, hit .228 with 14 runs, five doubles, three triples, 12 RBI and th...