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.

Report: Dodgers, Orioles to complete Manny Machado trade

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The Orioles and Dodgers are expected to finally complete involving SS/3B Manny Machado, ESPN’s Jerry Crasnick reports. The Orioles will receive five prospects from the Dodgers. We’ll have more details about the other players involved later.

Machado, 26, is in the final year of his contract, so this is currently a rental for the first-place Dodgers. Machado ended the first half batting .315/.387/.575 with 24 home runs, 65 RBI, 48 runs scored, and eight stolen bases in 413 plate appearances. In Los Angeles, he will handle shortstop, allowing Chris Taylor to move over to second base.