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Mariners acquire Adam Warren from Yankees

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Update (6:41 PM ET)Per MLB.com’s Mark Feinsand, the Yankees will receive $1.25 million in international bonus pool money from the Mariners. The trade is official.

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The Athletic’s Ken Rosenthal and Emily Waldon report that the Mariners have acquired reliever Adam Warren from the Yankees.

Warren, 30, has been excellent out of the Yankees’ bullpen this year, posting a 2.70 ERA with 37 strikeouts and 12 walks in 30 innings of work. The Yankees’ bullpen has been excellent, so Warren is expendable. Without knowing what the Yankees’ return is, it is possible that this trade could help facilitate another trade that allows the Yankees to upgrade elsewhere.

Warren is owed the remainder of his $3.315 million salary and is eligible for free agency after the season. The Mariners traded for Zach Duke earlier, so the two will add some veteranosity to the bullpen.

Brewers sign Freddy Peralta to a multi-year deal

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Ken Rosenthal reports that the Milwaukee Brewers have agreed to a five-year $15.5 million deal with pitcher Freddy Peralta. There are two club options as well, which would nearly double the overall value of the contract if exercised.

Peralta, who turns 24 in June, has amazing stuff. He has struggled so far, having posted a 4.79 ERA in 163.1 major league innings across two seasons, but people who follow him closely believe that he’s primed for a breakthrough. For now he’s a reliever — he’ll likely be a multi-inning fireman for the 2020 season — but he has was mostly a starter in his rookie year before assuming swingman duties last season. He could become one again if things break right in his development. Sort of a Brandon Woodruff track.

If that happens the Brewers will, quite obviously, have a bargain on their hands. If not, at least Peralta has some security on his.