The Yankees and Pirates are in agreement on a deal for starting pitcher A.J. Burnett, according to a source. The teams are working through one final detail today and Burnett will take a physical Sunday. The deal requires approval from MLB.
The Yankees will pay approximately $18 million of the $31 million left on Burnett's contract and receive two low-level minor leaguers from the Pirates. According to multiple reports, the Yankees acquired 25-year-old pitcher Diego Moreno and 20-year-old outfielder Exicardo Cayones. Neither are considered top prospects.
Once the deal is completed, the Yankees plan to move quickly to sign free-agent designated hitter Raul Ibanez and infielder Eric Chavez.
Burnett signed a five-year, $88.5 million free agent deal to join the Yankees before the 2009 season. In three seasons, Burnett went 34-35 with a 4.79 ERA, a statline that perfectly captured his underachieving performance. Now, Burnett is the Pirates' riddle to solve.