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.

Brewers sign Gio Gonzalez

Gio Gonzalez
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Ken Rosenthal reports that the Milwaukee Brewers have signed Gio Gonzalez. Gonzalez will get a $2 million base salary with $2 million in potential performance bonuses.

Gonzalez was excellent for the Brewers down the stretch last season, posting a 2.13 ERA over his final five regular season starts. While it’s not likely he can replicate that, given how terrible Milwaukee’s rotation has been thus far — they have a 5.74 ERA as a group this season — he can’t hurt.

Not a bad landing pad for a guy who had to settle for a minor league deal with the Yankees before being released over the weekend.