Yankees trade Sonny Gray to Reds

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The deal was much talked about all weekend and now the deal is done: The Cincinnati Reds gave acquired starter Sonny Gray and lefty Reiver Sanmartin from the Yankees in exchange for second base prospect Shed Long and a 2019 competitive balance pick.

The key to making the deal happen: Gray agreeing to a a three-year, $30.5 million contract extension. The Reds will likewise hold a $12 million club option for 2023. The deal had been struck and a window granted through close of business today to get Gray to agree to the extension and, obviously, he has.

The Reds will get a pitcher coming off of a bad season in which he posted a disappointing 4.90 ERA in 23 starts and seven relief appearances. He was hammered particularly hard in Yankee Stadium but pitched better on the road. Great American Ballpark is not a great pitcher’s park itself but any change of scenery would be nice for Gray, who had become much unwanted and unloved in New York. In Cincinnati he has the assurance of a spot in the rotation and, even better for him, he will be reunited with his college pitching coach, Derek Johnson, who joined new manager David Bell’s Reds staff earlier this offseason. If he bounces back even a little bit, the Reds will have a useful starter at a below market price for four years. If he doesn’t, well, they haven’t exactly gone bankrupt taking the chance.

The Reds will also get Reiver Sanmartin, 22, who started in the Rangers system before being traded to the Yankees. He’s a soft-tosser who figures to be a reliever if he makes the big leagues. He played at four different levels last season, with one game at Double-A and the rest below that, posting a composite 2.80 ERA in 10 starts and 13 overall appearances while striking out 7.8 batters per nine.

The Yankees will get Shed Long, who is ranked as the Reds’ seventh best prospect. The 23-year old second baseman hit .261/.353/.412 at Double-A in 2018 and has hit very close to that overall line for his entire six-year minor league career. He strikes out a bit and may not stick at second base long term, shifting to a corner outfield slot perhaps, but he’s a legitimate prospect.

The Reds get another starter with some upside. The Yankees get rid of a problem and gain a prospect and a draft pick. Sonny Gray gets some job and financial security at a time when it is not at all clear what his future holds. Not a bad baseball trade.

UPDATE: Welp, the Yankees don’t have a prospect anymore. They just traded long to the Mariners for outfielder Josh Stowers. Stowers was a second-round pick in last year’s draft. He’s 21 and batted .260/.380/.410 with five homers and 20 steals over 58 games in Short-Season ball in 2018. He’s ranked by MLB.com as the Mariners’ No. 10 prospect, but now he’s New York bound.

Report: Red Sox sign Kenley Jansen to 2-year, $32 million deal

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SAN DIEGO — Veteran closer Kenley Jansen and the Boston Red Sox have agreed to a two-year, $32 million deal, a person familiar with the deal told The Associated Press.

The person spoke to the AP on condition of anonymity because the agreement was pending a physical.

The 35-year-old Jansen went 5-2 with a 3.38 ERA in 64 innings for Atlanta this year. The three-time All-Star led the National League with 41 saves, helping the Braves win the NL East title.

Boston is looking to bounce back after it finished last in the AL East this season with a 78-84 record. The Red Sox went 92-70 in 2021 and lost to Houston in the AL Championship Series.

Jansen spent his first 12 seasons with the Los Angeles Dodgers, winning a World Series title in 2020. The right-hander signed a $16 million, one-year contract with Atlanta in March.

Jansen has a 2.46 career ERA. He was an All-Star in 2016-2018.

His 391 career saves are the second-most among active players (behind Craig Kimbrel‘s 394) and eighth all time.