The New York Yankees completed a trade Sunday to send veteran righthander A.J. Burnett to the Pittsburgh Pirates.
Burnett passed his physical and baseball commissioner Bud Selig gave his approval to the deal because of the money involved.
The Yankees will send $20 million of the remaining $33 million on Burnett's contract to Pittsburgh and receive a pair of Class A prospects - reliever Diego Moreno and outfielder Exicardo Cayones.
The 35-year-old Burnett posted an 11-11 record with a 5.15 ERA in 32 starts last season. He has recorded a 34-35 mark with a 4.79 ERA since signing a five-year, $82.5 million contract prior to the 2009 campaign.
"A.J. Burnett is a solid veteran starting pitcher with an above-average pitch repertoire and potential to provide us with significant quality innings from our starting rotation," Pirates general manager Neal Huntington said.
Burnett has compiled a 121-111 career record in 12 seasons with the Yankees, Toronto Blue Jays and Florida Marlins.