Toronto Blue Jays v New York Yankees

Yankees and Eric Chavez agree to one-year contract

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After finalizing a contract with Raul Ibanez earlier today, the Yankees have quickly moved on to the next item on their agenda.

Jon Heyman of CBSSports.com reports that the Yankees and Eric Chavez have agreed to a contract, pending a physical. Ken Rosenthal of FOXSports.com adds that it’s a one-year, $900,000 deal which includes incentives.

Chavez batted .263/.320/.356 with two homers, 26 RBI and a .676 OPS over 175 plate appearances with the Yankees last season. The 34-year-old missed a large chunk of the year due to a fractured foot and is a poor bet to stay healthy, but he currently projects as Alex Rodriguez’s primary backup at third base. Barring an injury, Ramiro Pena figures to open the season with Triple-A Scranton/Wilkes-Barre.

Report: Cubs have offered prospect Gleyber Torres to the Yankees for Aroldis Chapman

NEW YORK, NY - JULY 17:  Aroldis Chapman #54 of the New York Yankees delivers a pitch in the ninth inning against the Boston Red Sox at Yankee Stadium on July 17, 2016 in the Bronx borough of New York City.  (Photo by Elsa/Getty Images)
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Rian Watt of Baseball Prospectus is hearing that a trade that would send Aroldis Chapman to the Cubs involves prospect Gleyber Torres and more going to the Yankees. He adds that the holdup in the trade talks is centered around a contract extension for Chapman, believed to be around four years in length and $60 million total. The deal may not be finalized if the Cubs don’t get him signed to an extension they like. In Watt’s words, “Package is set. Extension is not.”

We learned earlier on Sunday that the Yankees were working hard to trade Chapman, reportedly in contact with at least four teams. The Cubs were not believed to be the front runners but certainly upped the ante by offering Torres.

Torres, 19, is rated the Cubs’ #1 prospect and #24 overall in baseball by MLB Pipeline. The shortstop has spent the season with Single-A Myrtle Beach, batting .275/.359/.433 with nine home runs, 47 RBI, 62 runs scored, and 19 stolen bases in 409 plate appearances.

Torres is currently roadblocked at shortstop by Addison Russell, and 21-year-old Ian Happ is rated #3 in the Cubs’ system, so the club would be dealing from surplus.

Blue Jays designate Drew Storen for assignment

TORONTO, CANADA - MAY 29: Drew Storen #45 of the Toronto Blue Jays delivers a pitch in the eleventh inning during MLB game action against the Boston Red Sox on May 29, 2016 at Rogers Centre in Toronto, Ontario, Canada. (Photo by Tom Szczerbowski/Getty Images)
Tom Szczerbowski/Getty Images
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Prior to Sunday afternoon’s game against the Mariners, the Blue Jays designated reliever Drew Storen for assignment and recalled reliever Ryan Tepera from Triple-A Buffalo.

Storen, 28, had a nightmare of a time with the Jays, leaving with a 6.21 ERA and a 32/10 K/BB ratio over 33 1/3 innings. The Jays acquired him in January from the Nationals in exchange for outfielder Ben Revere and a player to be named later.

Storen is owed the remainder of his $8.375 million salary, which makes it likelier that the right-hander will pass through waivers unclaimed. He’ll be eligible for free agency after the season.