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!

Stacey is co-Editor-in-Chief of It's About The Money, co-host of the It's About The Money, Stupid podcast and is a monthly contributor to ESPN's SweetSpot Blog. She is a former contributor at Aerys Sports and High Heat Stats. She has contributed to group projects at Baseball: Past And Present and the Hall of Stats. Her work has appeared in USA Today's Sports Weekly and most recently, she wrote four pieces for Derek Jeter: Celebrating the Yankees' Captain Clutch, a magazine printed by i5 Publishing.

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

  1. James

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

  2. Duh Innings

    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. Patrick

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

  4. oldpep

    Adams got released so we could have Wells. A really bad deal.

  5. erik

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

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