The New York Yankees have acquired right-hander Javier Vazquez from the Atlanta Braves for outfielder Melky Cabrera and left-hander Mike Dunn, sources told ESPN The Magazine senior writer Buster Olney.
The Braves also are sending right-hander Boone Logan to the Yankees, sources said, and the Yankees are sending the Braves $500,000 in the transaction.
Vazquez, with a 15-10 record, ranked second in the National League last season with 238 strikeouts and sixth in ERA at 2.87 as the No. 2 starter in the rotation. This is his second time around with the Yankees, having pitched in New York in 2004, when he went 14-10 with a 4.91 ERA.
This move opens the door for outfield moves for both teams. The Yankees now are expected to explore both the free-agent and trade markets for a leftfielder. But they've continued to portray themselves as uninterested in anyone in the price range of Matt Holliday, Jason Bay or Johnny Damon.
One name that has been on their radar screen is Mark DeRosa, whose $6 million asking price is in the dollar area they appear willing to allocate.
The Braves free up somewhere in the neighborhood of $9 million in this trade -- shedding Vazquez's $11.5 million salary, minus the $3 million or so Cabrera figures to earn via arbitration, and getting the $500,000 in cash from the Yankees.
They're expected to use that money to add an outfield bat. Among the rumored possibilities: Bay and Damon, although both have been looking for more than the Braves would prefer to spend.
The Braves also are sending right-hander Boone Logan to the Yankees, sources said, and the Yankees are sending the Braves $500,000 in the transaction.
Vazquez, with a 15-10 record, ranked second in the National League last season with 238 strikeouts and sixth in ERA at 2.87 as the No. 2 starter in the rotation. This is his second time around with the Yankees, having pitched in New York in 2004, when he went 14-10 with a 4.91 ERA.
This move opens the door for outfield moves for both teams. The Yankees now are expected to explore both the free-agent and trade markets for a leftfielder. But they've continued to portray themselves as uninterested in anyone in the price range of Matt Holliday, Jason Bay or Johnny Damon.
One name that has been on their radar screen is Mark DeRosa, whose $6 million asking price is in the dollar area they appear willing to allocate.
The Braves free up somewhere in the neighborhood of $9 million in this trade -- shedding Vazquez's $11.5 million salary, minus the $3 million or so Cabrera figures to earn via arbitration, and getting the $500,000 in cash from the Yankees.
They're expected to use that money to add an outfield bat. Among the rumored possibilities: Bay and Damon, although both have been looking for more than the Braves would prefer to spend.
