Pedro Feliciano underwent rotator cuff surgery last week

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The Yankees’ two-year, $8 million offseason investment into longtime Mets reliever Pedro Feliciano continues to look bleaker and bleaker.

According to Dan Barbarisi of the Wall Street Journal, the Yankees announced Wednesday that Feliciano underwent rotator cuff surgery late last week. No recovery timetable has been issued, but the procedure was far from minor and will almost certainly affect his status for the first half of the 2012 season. Or perhaps all of the 2012 season.

Feliciano did not pitch at all this year after suffering a strained rotator cuff during spring training. He elected to rehab that injury rather than repair it surgically, and is probably now regretting that decision.

The 35-year-old lefty had a 3.31 ERA in eight seasons with the Mets before signing with the Yanks last winter.

Dodgers acquire Matt Kemp in five-player trade with Braves

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The Dodgers have pulled off their first blockbuster trade of the offseason, sending Brandon McCarthy, Scott Kazmir, Charlie Culberson, Adrian Gonzalez and cash considerations to the Braves for Matt Kemp, per announcements from both teams. The Braves are set to designate Gonzalez for assignment on Monday, making him a free agent.

Kemp, 33, had a down year with the Braves in 2017, hitting a career-low -0.5 fWAR in 115 games with the club. At the plate, he slashed a modest .276/.318/.463 with 19 home runs and a .781 OPS through 467 plate appearances, but was hampered by a nagging left hamstring strain through most of the season. This will be his 10th campaign with the Dodgers.

Whether or not Kemp can rebound during his second stint in Los Angeles is almost beside the point, however. The deal is effectively a salary dump to end all salary dumps. Offloading multiple one-year contracts for McCarthy, Kazmir and Gonzalez should bring the Dodgers back under the $197 million luxury tax threshold and position them to make a run at some of the big fish in next year’s free agent pool. It’s also worth noting that they may not keep Kemp around for long — per Ken Gurnick of MLB.com, the club appears as likely to flip the veteran outfielder as they are to use him. As for the Braves, they not only rid themselves of the $43 million due Kemp through 2020, but added some rotation and infield depth with McCarthy and Culberson and can now give top prospect Ronald Acuna a legitimate tryout in left field.