Originally written on The Outside Corner  |  Last updated 11/10/14
Rumors of the Chicago Cubs trading outfielder Alfonso Soriano to the New York Yankees have been rumbling for days. Now, the deal is oh-so-close to being official. Cubs manager Dale Sveum told reporters before Thursday's game against the Arizona Diamondbacks that the trade was "99 percent" done. Soriano was scratched from the Cubs lineup in anticipation of the deal being completed.  However, minor details — mostly paperwork — may prevent the trade from becoming official until Friday. Soriano has to formally waive his no-trade clause and "10-and-five" rights (10 years in the major leagues, five with the same team) that allowed him to veto any deal. MLB has to receive that documentation as well.  According to USA Today's Bob Nightengale, the Cubs and Yankees have agreed on the pitching prospect that will go to Chicago in exchange for Soriano. It's believed the Cubs will get a Single-A pitcher in the deal. The Trentonian's Josh Norris, who covers the Yankees' Double-A afilliate, tweeted that 21-year-old right-hander Corey Black could be that pitcher. In 19 starts for Single-A Tampa this season, Black has a 3-8 record and 4.25 ERA with 88 strikeouts (and 45 walks) in 82.2 innings.  According to the Chicago Tribune's Paul Sullivan, the Cubs had given Soriano a couple of days to decide whether or not to accept a trade to the Yankees. But the 37-year-old veteran decided to rejoin his former team on Thursday morning.  Though Soriano's .254 average and .754 OPS might not look impressive overall, he's been bringing the power in July. For the month, Soriano has eight home runs and is slugging .927 in 77 plate appearances. Those numbers are why the Yankees want him. The Yanks have hit seven home runs as a team in July, fewest in the American League.  Additionally, Soriano will provide a desperately needed right-handed bat. The Yankees' right-handed hitters have a collective .221 average, second-to-last in MLB. Their .594 OPS is dead last in baseball. As you might expect, that's made Joe Girardi's club ineffective against left-handed pitching. As a team, the Yankees have a .235 average and .647 OPS versus lefties, which ranks them 28th out of 30 MLB teams. That performance has to improve for the Yankees to continue contending in the AL East.  Soriano is owed approximately $25 million on his contract through 2014. That was believed to be the main obstacle in the Cubs trading him, as few teams seemed willing to add that kind of payroll. But the Cubs are expected to pay the majority of Soriano's salary, possibly as much as $20 million. That is surely an important consideration for the Yankees, who still want their payroll to be under the $189 million luxury tax threshold for 2014.  Considering that the Cubs will pay most of Soriano's remaining contract, shedding his salary wasn't an important factor in making this trade. The Cubs want to take a long look at outfielder Junior Lake, who's been extremely productive since being called up on July 18. In 29 plate appearances, the 23-year-old has a .519 average (14-for-27) and 1.388 OPS with two homers and five RBI. That's a small sample size to judge, but the Cubs certainly like what they've seen so far.  Soriano joins Scott Feldman and Matt Garza as veteran players the Cubs have traded for prospects in team president Theo Epstein's rebuilding project. Outfielder Nate Schierholtz could be the next to go, according to the latest rumors, with the Pittsburgh Pirates showing interest. 

Michael Sam on childhood: 'My brothers were evil people'

LeSean McCoy bristles at talk of disappointing season

Report: Padres join major players in pursuit of Sandoval

Derek Carr on Raiders getting first win: 'I like this feeling'

Miss. St. pulls QB's scholarship offer 15 days before graduation

Patriots have best odds to win Super Bowl, say experts


Canseco's finger falling off apparently was a bad prank

Peterson speaks out, doesn't want to be compared to Ray Rice

DeSean Jackson won't reveal target of cryptic Instagram post

LeBron: Teaching Cavs bigger challenge than winning first ring

Darrelle Revis on Calvin Johnson: 'A man among boys'

NFLPA appeals Adrian Peterson suspension as 'unlawful'

DirecTV Sunday Ticket will air Jets-Bills on Monday

Game of the week: New England Patriots vs. Detroit Lions

WATCH: Duke graduate asst. loses mind to pump up players

Golic recreates Kim Kardashian butt pic after losing bet

Five bold predictions for Week 12 in the NFL

Brian Cashman spends night sleeping on street for charity

10 NFL rising stars vital to their teams’ postseason hopes

With Raiders win, NFL's 'Circle of Parity' is complete

WATCH: Sack celebration nearly costs Raiders their first win

The best potential values of the MLB offseason

Shantel Jackson covers up Floyd Mayweather tattoo

Oscar Taveras' family thanking fans via his Twitter account

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

Game of the week: Patriots vs. Lions

Report: Padres join hunt for Sandoval

Golic recreates Kardashian butt pic

Adrian Peterson speaks out

NFLPA appeals Peterson suspension

10 best college running backs ever

DeSean Jackson mum on cryptic post

Revis on Johnson: 'A man among boys'

LeBron on challenge of leading Cavaliers

LeGarrette Blount issues apology

Ex-NFLer delivers own baby on farm

FSU student: Books stopped bullet

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.