The Yankees appear to be on the verge of acquiring former All-Star outfielder Vernon Wells from the Angels, as he will waive his no trade clause to head to the Bronx, reports Jeff Passan of Yahoo! Sports. The deal is expected to be official soon.
Wells, 34, has been a huge disappointment for the Angels after coming over in a trade from Toronto in 2011. In the past two seasons, Wells has hit .222 with 36 homers and 95 RBI in 208 games. He signed a seven year, $126 million extension with Toronto in 2006, and still has $42 million left on his contract.
Passan reports that a large sum of money would be going back to New York. Joel Sherman of the NY Post suspects that the Angels would have to eat $34 million of the remaining money, meaning the Yankees would essentially only be paying $4 million over the next two seasons for Wells’ services.
Wells used to be one of the premier outfielders in all of baseball. From 2002 up until his extension in ’06, Wells averaged a .288 BA with 28 homers ...