Yankees and Pirates “in agreement” on A.J. Burnett trade

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It looks like the A.J. Burnett saga may finally be coming to a close, as Ken Rosenthal of FOXSports.com reports that the Yankees and Pirates are “in agreement” on a deal that will send the right-hander to Pittsburgh.

Burnett is expected to undergo a physical exam Sunday to make things official and according to Rosenthal the Yankees are eating about $20 million of the $33 million remaining on his contract over the next two seasons.

In return New York will receive a pair of minor leaguers, neither of whom are expected to be significant prospects, but by trading Burnett the Yankees save $13 million and open up a rotation spot for Freddy Garcia or Phil Hughes.

Burnett, who signed a five-year, $82.5 million contract with New York in 2009, had a 4.79 ERA in 98 starts for the Yankees after posting a 3.73 ERA in 131 starts for the Marlins and a 3.94 ERA in 80 starts for the Blue Jays.

UPDATE: Bryan Hoch of MLB.com reports that the two prospects going to the Yankees are 25-year-old reliever Diego Moreno and 20-year-old outfielder Exicardo Cayones, neither of whom are considered more than marginal prospects.

Padres sign Jordan Lyles

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The Padres announced on Sunday that the club signed pitcher Jordan Lyles to a one-year major league contract with a club option for 2019. According to Jon Heyman of FanRag Sports, Lyles will earn $750,000 in 2018. Pitcher Travis Wood was designated for assignment to create room on the 40-man roster for Lyles.

Lyles, 27, had miserable results between the Rockies and Padres last season, compiling an aggregate 7.75 ERA with a 55/22 K/BB ratio over 69 2/3 innings. While he specifically gave up 24 earned runs in 23 innings across five starts with the Padres, it was a small sample. A full season at the pitcher-friendly Petco Park, as opposed to Colorado’s Coors Field, might help revitalize his career.

Wood, 30, went to the Padres at the non-waiver trade deadline from the Royals this past season. Overall, the lefty posted an aggregate 6.80 ERA with a 65/45 K/BB ratio in 94 innings. He’ll earn $6.5 million this season and has an $8 million mutual option with a $1 million buyout for 2019. So, the Padres are just eating $7.5 million minus the league minimum, assuming Wood latches on elsewhere.