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.

Report: Orioles to name Brandon Hyde new manager

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Update (8:23 PM ET): MASN’s Roch Kubatko talked to new GM Mike Elias, who said there has been no offer made to Hyde for the position. Elias called the report “premature.”

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The Orioles are expected to name Cubs bench coach Brandon Hyde as the new manager, Joel Sherman of the New York Post reports. Nothing is official yet.

Hyde, 45, spent four seasons in the minors with the White Sox from 1997-2000, then played in the independent Western League in 2001 before calling it quits. He was a coach with the Marlins from 2010-12 and has been with the Cubs since 2013.

Other candidates for the Orioles’ open managerial position have included Pedro Grifol, Chip Hale, Mike Redmond, Mike Bell, and Manny Acta.

Hyde is taking over for Buck Showalter, who was at the helm of the Orioles from 2010-18. Last season, however, the Orioles finished 47-115, the worst record in team history. Hyde will be taking over a team that is rebuilding, so the expectations will be relatively low in his first couple of seasons.