From the Wire … Cubs Trade Alfonso Soriano to the New York Yankees

The Cubs made the official announcement on Friday afternoon that they sent Alfonso Soriano and cash to the New York Yankees for minor league RHP Corey Black. Soriano flew to New York following Thursday night’s game in Phoenix and the two teams waited for the paperwork to be finalized with Major League Baseball before announcing the deal.

The Cubs will reportedly send $18 million of the $24.8 million remaining on Soriano’s contract to the Yankees. The Cubs will receive $6.8 million in salary relief in the deal. The Yankees will pay a pro-rated portion of the $5 million this season ($1.8 million) plus $5 million toward Soriano’s $18 million contract for next season.

Alfonso Soriano is hitting fourth and playing left field for the Yankees on Friday night and worked out a deal with Vernon Wells so he could wear his familiar No. 12 during his second stint in the Bronx.

Corey Black has been assigned to High-A Daytona.

With Soriano back in Yankee pinstripes, the Cubs 40-man roster officially stands at 39 players.

Alfonso Soriano signed with the Cubs in November of 2006 and reportedly left money on the table for a chance to win with the Cubs. The Cubs signed Soriano to a eight-year, $136 million contract that included a no-trade clause at the time.

Alfonso Soriano made his Cubs’ debut on April 2, 2007 in Cincinnati. Soriano hit leadoff and started in centerfield for Lou Piniella. Soriano went 1-for-4 in his first game in a Cubs’ uniform.

Alfonso Soriano played his final game on Tuesday night (July 23) in Phoenix. Soriano went 0-for-3 with two walks and a run scored while hitting fourth and playing left field. Soriano said good bye to his teammates following Thursday’s game in what was described as an emotional scene in the Cubs’ clubhouse. Soriano changed a lot of the perceptions about him during his last two seasons with the Cubs. And really showed improvement in the field under Dave McKay.

Alfonso Soriano hit 181 home runs in a Cubs’ uniform, good enough for 11th place on the organization’s All-Time Home Run list, nine behind Hack Wilson for tenth all-time.

Alfonso Soriano hit .264/.317/.495/.812 with 218 doubles, 13 triples and 181 home runs in 889 games over six-plus seasons with the Chicago Cubs. Soriano played for three different managers (Lou Piniella, Mike Quade and Dale Sveum) during his time on the North Side of Chicago.

Alfonso Soriano’s Page on Baseball-Reference

The Cubs received minor league RHP Corey Black in the deal. Baseball America ranked Corey Black as the 25th best prospect in the Yankees system prior to the season. The Yankees selected 21-year old in the fourth round of the 2012 draft.

Corey Black is from San Diego and started his college career at San Diego State … chances are Jason McLeod is familiar with Black.

Black is a hard-throwing right hander (94-98 mph sinking fastball) but does struggle with his command. In 19 starts in A-ball this season, Black posted a 3-8 record with a 4.25 ERA and a 1.50 WHIP.

Corey Black’s Page on Baseball-Reference

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  • raymondrobertkoenig

    Sanchez up.

  • 07GreyDigger

    Soriano worked out a deal with Vernon Wells. ie paid him money.

  • John_CC

    really great photo of Sori and Jeter here

    it’s crazy to think that they were teammates, seems like so long ago…because it was!

  • cubtex

    Soriano was grinning from ear to ear running out to left field at Yankee stadium tonight! That was cool to see. I am happy for him.

    • J Daniel

      What is your opinion? Should they have kept Sori if this was they best they could do?

  • SirGladiator

    I don’t understand why Theo gave the Yankees this gift. As Cashman himself stated, Soriano was by far the best hitter on the market. There’s no team more desperate for hitting than the Yankees. They clearly would’ve paid a high price to upgrade their hitting. So we sent them the best hitter on the market, PAID for him for them, and got back a pitcher whose ERA is over 4…in SINGLE A. Even if this weren’t a baseball team, but a Charity organization, do the YANKEES need to be the team we’re giving the Charity to? The team with all the money, plenty of great minor leaguers to send to us, and we don’t ask for good money or good minor leaguers, we just send them a player to help them make the playoffs, virtually for nothing. This is simply bizarre. Theo makes a great trade with Garza, gets a huge haul, then turns around and practically gives away our best hitter. I hope this means his next trade will be great again, since he’s going back and forth between great and horrible. You’re gonna be hard pressed to ever find a team as desperate as the Yankees were, we could’ve completely fleeced them, instead we simply said ‘you need help with hitting? Here, take our best hitter, we don’t want him anymore. Something in return? Don’t worry about that, we like you guys, consider it an early birthday present.’ This is the worst trade that Theo has ever made, hopefully he makes up for it with his next one, and soon.

    • Sonate

      Although I’m not sure I fully agree, I think your points are well-taken and need to be aired. Thank you.

    • TheWrongGuy

      Sorry SirGladiator. But in this trade from a fans point of it looks bad. It looks like, we as as fans, that we got a zero in return for our most productive hitter. But this was a financial move rather than a normal player(s) for player(s) move. Sori was our most productive hitter. But his contract and roster spot were becoming less useful for the CUBS moving forward than his contract and roster spot. The young prospects are on their way in the CUBS system. How good or easy is it to sign another young prospect, when in the clubhouse the leader has a no-trade clause bad contract? I would have to say not good, not good at all. This new movement of youth is something the CUBS have needed to do for a very, very LONG time. Yes Ricketts has money. But spending foolishly on the FA market for a re-tread player is bad baseball moves and hasn’t worked well for the CUBS in well over 100 years.

      That’s my 2 cents.

    • Ripsnorter1

      At this point, Corey Black doesn’t look like he’s much of a prospect. He’s young, and he throws hards. That’s great. The rest is up for grabs. But being the 25th best prospect in a very shallow system usually doesn’t mean good things.

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  • Cubs 31

    Hopefully, I will have a chance to see Corey Black pitch when the Daytona Cubs come to Fort Myers to play the Miracle.