Soriano, 37, is owed the remainder of his $18 million salary this season and another $18 million next year. Just like with the Vernon Wells trade, the Cubs are going to pay the bulk of that money next season so the Yankees can get under the $189 million luxury tax threshold with the Bombers picking up some of this year’s salary.
Soriano originally came up through the Yankees system before he was traded, almost 10 years ago, for Alex Rodriguez. He’s hitting .256/.286/.471 in 92 games this season which isn’t too much different than Lyle Overbay. The Yankees want him for his power against lefties which he’s hitting .280/.312/.508 against this year.
He also plays left field these days, not second base like he did with the Yankees. He’s turned himself into a decent defensive left fielder too with a positive UZR in seven of his last eight seasons including a high of 33.2 in 2007 and a 11.9 mark last year.
No word on exactly how much the Cubs will be paying him or which prospects the Yankees will send them yet. Once the deal is official we should find out. Stay tuned.
NEWS AND NOTES
• One of the Yankees top prospects, Tyler Austin, may be out for the season with a wrist injury. If that’s the end of the year for him then it’s been a tremendously disappointing season. Ranked by Baseball America as the No. 77 prospect in the game preseason, he hit just .254/.344/.367 in 81 games. Hopefully that was due to the injury and he comes back 100 percent next year.
Photo credit: (July 18, 2013 - Source: Justin Edmonds/Getty Images North America).