Quick hit: Vernon Wells is officially a Yankee

Of course, his being on the BP schedule, being issued a number and being penciled into the lineup was an indication that the deal had been finalized but the Yankees decided to make it official with a statement anyway:

“The New York Yankees today announced they acquired three-time All-Star and three-time Gold Glove Award-winning outfielder Vernon Wells along with cash considerations from the Los Angeles Angels in exchange for minor league outfielder Exicardo Cayones and minor league left-handed pitcher Kramer Sneed.”

Farewell, Exicardo and Kramer! And welcome to the Bronx, well Tampa for now, Vernon!

About Stacey Gotsulias

Stacey is co-Editor-in-Chief of It's About The Money and co-host of the It's About The Money, Stupid podcast.

5 thoughts on “Quick hit: Vernon Wells is officially a Yankee

  1. Good move to stay under the 2014 budget. 2013 is now the farewell tour for Granderson.

  2. What a ridiculous trade.

    $14M for Wells but not $17M – only $3M more – for two more years of a veteran multiple Gold Gloves catcher Russell Martin. If the Yanks pay $12M of the $14M due Wells, they're paying Wells $3.5M more than what Martin is making this year.

    $14M for Wells and $12M for Youkilis but not $5M for two years of Scott Hairston and you tell Youkilis a year and $6M take it or leave it and if he refuses you sign Reynolds for that much which he took from Cleveland, total cost $11M. 'Wanna spend $14M? Sign Soria for the $2M he took from Texas and you have $1M to put towards his $5.5M club option for 2014 (assuming he gets the same contract from the Yanks) for a 2013 bullpen of Rivera/Robertson/Soria/Logan/Aardsma/Rapada/Chamberlain.

    Nick Swisher's 2013 salary will be just $750K more than his 2012 salary and $3M less than the cost of Wells and Swisher's 2013-14 will cost only $12M more than Wells.

    If the Yanks release Wells after 2013 they spent $14M on a bad fourth outfielder.

    The Yanks could've signed Scott Baker, Scott Hairston, and Mark Reynolds for only $2M more than the cost of Wells, Hairston would've been the only one signed for 2014 and utterly tradeable ($2.5M for a year.)

  3. Good to see one of the non prospects we got out of the A.J Burnett trade last year bear fruit.

  4. I like the structure of the deal. He has every opportunity to produce so, we'll see.