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.

Jake Arrieta to return to Cubs’ rotation on Thursday

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Cubs starter Jake Arrieta has been out over two weeks with a strained right hamstring, but he’s ready to return to action. The right-hander threw a bullpen on Tuesday and it went well, so he will start in Thursday’s series opener against the Brewers in Milwaukee, MLB.com’s Carrie Muskat reports.

Arrieta, 31, returns with a 14-9 record, a 3.48 ERA, and a 157/53 K/BB ratio in 160 1/3 innings. If he stays on schedule, he’ll make three starts through the end of the regular season, including the regular season finale on October 1 against the Reds.

Arrieta is expected to max out at 75-80 pitches on Thursday and will ramp up through the end of the month.

Cardinals activate Adam Wainwright from the disabled list

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The Cardinals announced ahead of Tuesday’s series opener against the Reds that pitcher Adam Wainwright has been activated from the 10-day disabled list.

Wainwright, 36, has been absent since mid-August due to a right elbow impingement. The Cardinals plan to use him out of the bullpen through the end of the season. Prior to the injury, the right-hander posted a disappointing 5.12 ERA with a 96/44 K/BB ratio in 121 1/3 innings.

Wainwright is under contract for one more year at $19.5 million before becoming eligible for free agency.