Yankees Acquire Alfonso Soriano Again
It’s been in the works for a few days, and now this morning, it is finally official: the Yankees have acquired Alfonso Soriano from the Cubs in exchange for a class-A pitching prospect, widely rumored to be Corey Black. For the Cubs, though, this move is less about the prospect than it is about financial flexibility.
Soriano has about $25 million left on his contract between 2013 and 2014, and according to Buster Olney, the Yankees have agreed to absorb almost $7 million of that total, including $5 million next season. It’s not a massive pot of gold, but the Cubs are saving about the same amount of money that they used to sign Scott Feldman over the off-season, and that turned out okay. Odds are good that the Cubs are going to reinvest the savings into their 2014 club and come away with a better (and younger) player than Soriano in the process. That makes this an easy win for Chicago.