The rebuild (or reload) continues.
Late this morning, the Yankees announced that they had shipped Andrew Miller to the Cleveland Indians for four prospects - Clint Frazier, Justus Sheffield, Ben Heller, and J.P. Feyereisen. Both Frazier (ranked 21st) and Sheffield (69th) are top-hundred prospects, as per Baseball America, and Heller and Feyereisen are right-handed relievers in the high minors; and both could probably contribute at the big league level right now.
Frazier is the prize of this deal, due to his strong all-around offensive game. The former 5th overall pick is a passable center-fielder, though his future likely lay in a corner, and his average speed translate well in-game due to his intelligent, aggressive base-running. Most importantly, he has elite bat speed and raw power that can play anywhere. Some have argued that he has more raw power than fellow Yankees top prospect Aaron Judge, which leads to some delightful daydreaming about them hitting back-to-back in the middle of the lineup.
As is the case with Judge, Frazier is susceptible to breaking stuff. He is not necessarily a hacker (and his strikeout rate has dropped significantly as he has matured), but he can be fooled at times. He also has a hitch in his swing that some point to as a potential cause for this, but that has become less pronounced, as well.
And Sheffield is no slouch as the second piece in this deal. The 20-year-old southpaw features a low to mid-90s fastball, a slider/cutter hybrid (his go-to weapon against RHH), a curveball, and a change-up. He's on the shorter side for a pitcher, standing at 5'10", and he struggles to get downward plane at times - but he has a strong arsenal of pitches, and solid command and control to help mitigate that issue. Most project him to be a high-floor, low-ceiling type that should slot into the third or fourth spot in a rotation.
Heller and Feyereisen are both power pitchers, with the former having premium high-90s velocity and the latter having a wicked slider. Neither may have the profile of a shutdown closer, but both are controllable assets that could serve as the new bridge to Dellin Betances.
In another deal, the Yankees sent Vicente Campos to the Diamondbacks for the one who got away - Tyler Clippard. Campos has some promise, as evidenced by his strong season and placement on the team's prospect list, but this move was made so that Joe Girardi will have a reliable, steady presence in the bullpen for the middle innings.