Report: Yankees to reunite with Alfonso Soriano

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The New York Post reports that the Yankees are close to bringing Alfonso Soriano back to the Bronx, with the Cubs getting a mid-level prospect in return.

Cash would facilitate the deal. Soriano is owed about $7 million for the rest of this year and then $18 million in the final year of his eight-year, $136 millon contract next year. The Yankees will again take advantage of the luxury-tax loophole that allowed them to add Vernon Wells from the Angels and still aid their chances of coming in under the tax threshold next year.

Soriano can’t help but improve the Yankees; their right-handed batters have hit a pathetic .221/.284/.309 with 24 homers in 1,438 at-bats this season. Soriano has 17 homers to go along with a .256/.286/.471 line in 359 at-bats. The plan could be for Soriano to play left field now and then take over as the primary DH once Curtis Granderson comes off the disabled list. Travis Hafner, who is hitting .183 in 197 at-bats since April 28, could be released when that happens.

At 37, Soriano isn’t nearly the same player he was in his first go with the Yankees. In 2002, his second full season, he hit .300 with 39 homers and 41 steals, leading the AL with 128 runs scored. In 2003, he hit .290 with 38 homers and 35 steals. That winter, the Yankees traded him to the Rangers in the Alex Rodriguez deal. Soriano went to the All-Star Game five more times afterwards, but that streak concluded in 2008 and he hasn’t been back since. Now in his 15th season, Soriano is a lifetime .273/.321/.504 hitter with 389 homers and 1,086 RBI.

Angels acquire Jabari Blash from the Yankees

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The Yankees announced on Wednesday that the club traded outfielder Jabari Blash to the Angels in exchange for a player to be named later or cash considerations.

Blash, 28, was acquired by the Yankees from the Padres back in December in the Chase Headley trade. In trading Blash to the Angels, the Yankees were able to free up a spot on the 40-man roster for Brandon Drury, the infielder they acquired as part of a three-team trade with the Diamondbacks and Rays on Tuesday.

Over parts of two seasons in the majors, Blash has hit an underwhelming .200/.323/.336 in 279 plate appearances. He will try to play his way into a bench role for the Angels this spring.