Pirates acquire A.J. Burnett

(Pending commissioner approval)

The Yankees will send right handed pitcher A.J. Burnett along with $20 million in cash to the Pirates for minor leaguers Diego Moreno and Exicardo Cayones.

I’m not going to go into much about Burnett because we’ve discussed it non-stop for about a week now, but Rob Biertempfel says that out of Burnett’s $13 million that will have to be paid by the Pirates, $5 million will be paid this season and $8 million next season. That leaves the Pirates with a lot of financial flexibility still this season if (big if) they are looking to add some production at this year’s trade deadline.

Now to the players the Yankees will receive:

Diego Moreno was thought of as a pretty nice prospect a few years ago as a reliever who consistently threw in the high-90′s and posted excellent numbers in Single-A. The problem with the now 25 year old righty is that as soon as he hit AA (in both 2010 and 2011), he hit a wall. He was also demoted and suspended in 2010 for undisclosed reasons. He was eligible for this year’s Rule V draft, but went both unprotected and undrafted.

Exicardo Cayones was signed by the Pirates in 2008 out of Venezuela for $400,000, which at the time, was the highest bonus paid by the Pirates for a Latin American amateur. He is now entering his age 20 season, which will be his 3rd season in the US. He suffered a setback last year with a very poor campaign in State College (.063/.189/.063) before being sent back to the GCL. He’s still somewhat interesting because he’s young, but his stock isn’t where it was at this time last year.