The New York Yankees announced Sunday the trade of starting pitcher A.J. Burnett to the Pittsburgh Pirates, according to a release on their website.
The Yankees will receive minor league prospects Diego Moreno and Exicardo Cayones in exchange for the right-handed starter and cash. The cash is substantial—reportedly $20 million—to have Burnett not pitch for them.
Burnett, 35, was 34-35 with a 4.79 ERA in three seasons as a Yankee after signing a five-year $82.5 million contract following the 2008 season.
Moreno, 25, is a right-handed reliever that made it as high as Double-A last season and went 2-4 with a 3.63 ERA for the year. Cayones is a 20-year old outfielder who hit a combined .228 last year making it as high as short season Single-A ball. Neither player was ranked among the top 20 prospects in Pittsburgh’s system according to a list on the team’s website.