Yankees place Burnett, Soriano and Posada on waivers

24 Comments

It’s supposed to be hush-hush when veterans get placed on revocable waivers in August, but names always tend to leak, and the New York Post is reporting that the Yankees have placed A.J. Burnett, Rafael Soriano and Jorge Posada all on trade waivers.

It’s doubtful any member of the trio will be claimed.  Burnett is owed about $55 million through the end of 2014, and Soriano is guaranteed another $28 million through 2013.  Posada is a free agent after this season, but he’s due to make a bit more than $4 million over the rest of the season and no one is going to want him at that price.

Once the players clear waivers, they’ll be eligible to be dealt this month.  Still, it’s highly unlikely any will be traded.  This is all just part of the routine.

Giants sign Austin Jackson to two-year, $6 million contract

Gregory Shamus/Getty Images
6 Comments

The Giants announced on Monday night the signing of outfielder Austin Jackson. According to Jon Heyman of FanRag Sports, it’s a two-year, $6 million deal with performance incentives that allow Jackson to earn up to an additional $2.5 million for a total of $8.5 million.

Jackson, who soon turns 31 years old, spent last season with the Indians. In 318 plate appearances, he hit .318/.387/.482 with seven home runs, 35 RBI, and 46 runs scored.

The Giants have been on the hunt for a center fielder and Jackson addresses that need relatively cheaply. Jackson will join Hunter Pence and newcomer Andrew McCutchen in the outfield.