Report: Yankees have agreed to a three-year deal with Carlos Beltran

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Mark Feinsand of the New York Daily News is reporting that the Yankees have signed free agent outfielder Carlos Beltran to a three-year deal.

Beltran will turn 37 on April 24, so the contract will span his age 37-39 seasons. After a pair of injury-shortened seasons in 2009 and ’10, Beltran has shown lately that he is capable of staying healthy, taking at least 598 trips to the plate in each of the past three seasons, posting an .860 OPS in the process.

Beltran’s stock rose after free agent second baseman Robinson Cano signed with the Mariners, leaving the Yankees with more money to burn on other players than they had anticipated. With Cano off the board, they were reportedly “in on everyone“, including Beltran.

Update: It’s three years, $45 million ($15 million per year), per Tim Brown of Yahoo! Sports.

Padres acquire Phil Hughes from Twins

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Twins right-hander Phil Hughes is headed to the Padres, according to announcements from both teams on Sunday. The Padres will also receive the 74th overall draft pick and cash considerations from the Twins, who are getting minor league catcher Janigson Villalobos in return. Minnesota is expected to absorb $7.5 million of Hughes’ $22 million contract; per MLB.com’s Mark Feinsand, they’ll take on his remaining salary for the 2018 season and pay an additional $5.7 million in 2019.

Hughes, 31, is far from the 16-win, sub-4.00 ERA hurler the Twins enjoyed in 2014. He hasn’t pitched more than 60 innings in any season since 2015, due in part to multiple bouts of back stiffness and shoulder surgeries. He was designated for assignment last week after missing significant time with a left oblique strain and delivering a 6.75 ERA, 3.8 BB/9 and 6.0 SO/9 through his first 12 innings of 2018.

Villalobos, meanwhile, will provide the Twins with some depth as he continues to work his way through the minor league system. The 21-year-old backstop recently completed a circuit with the Padres’ rookie-level affiliate in the Arizona League, slashing .275/.367/.388 with eight extra bases and a .755 OPS in 98 PA.

The real get for the Padres isn’t Hughes (even with much of his salary already accounted for), but the Competitive Balance B selection in next week’s amateur draft. As MLB.com’s AJ Cassavell points out, the club lost their second-round pick after inking Eric Hosmer to a massive eight-year, $144 million deal back in February.