Done deal: Alfonso Soriano to be in Yankees lineup tonight

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UPDATE: The trade haul for Chicago: minor league right-hander Corey Black. Black is the 25th ranked prospect in the Yankees organization. He has great velocity but zero command so he’s, to put it mildly, a project.

UPDATE:  Buster Olney reports that the Cubs will pay roughly $17.7 million of the approximately $24.5 million left on Alfonso Soriano’s contract. We’re still awaiting word on who is going back to Chicago, but the word is that the Cubs are deciding among several low-level minor league pitching prospects.

8:23 AM: Gentlemen, start your “and now comes the man New York never should have traded away for Alex Rodriguez” columns. You know you want to. Just don’t try to figure out how the 2009 World Series would’ve worked, OK?

For as much as we’ve slagged on Soriano over the years this is a good pickup for New York. They have zero power at the moment. That’s the one part of Soriano’s game which still plays.

More details of what we know about the trade so far can be read here.