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.

Report: Glen Perkins will retire from baseball

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According to MLB.com’s Rhett Bollinger, Twins GM Thad Levine told 1390 Granite City Sports that reliever Glen Perkins will retire.

Perkins, 34, has battled shoulder injuries over the last two years, limiting him to a total of 7 2/3 innings between 2016-17. His decision doesn’t come as much of a surprise given the circumstances. The Twins declined his $6.5 million club option back in October, making him a free agent.

Across parts of 12 seasons, all with the Twins, Perkins compiled a 3.88 ERA with 120 saves and a 504/158 K/BB ratio in 624 1/3 innings. He ranked among baseball’s best closers from 2013-15, racking up 102 of those saves with a 3.08 ERA. The lefty made the American League All-Star team in each of those three seasons.