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 fi...
To continue reading the rest of this article, subscribe to Pirates Prospects. Subscribers get access to every article on the site, along with all of our exclusive live coverage of the Pirates' minor league system, all for a very low monthly or yearly rate.
If you're already a member, you can log in below. If you think you're receiving this message in error, please e-mail firstname.lastname@example.org.