Sep 14, 2025; Boston, Massachusetts, USA; New York Yankees shortstop Jose Caballero (72) runs the bases after hitting. Solo home run against the Boston Red Sox during the seventh inning at Fenway Park. Mandatory Credit: Brian Fluharty-Imagn Images Brian Fluharty-Imagn Images

Yankees Finally Complete José Caballero Trade

Originally posted on New York Yankees on SI
By Jack Markowski | Last updated Sep 18, 2025 8:00 AM ET

A month and a half after the trade deadline passed, the New York Yankees and Tampa Bay Rays put the finishing touches on their deal centered around José Caballero.

New York sent outfielder Everson Pereira to Tampa Bay at the time of the trade, though a player to be named later (PTBNL) was also involved.

The Yankees have officially revealed the identity of that player to be outfield prospect Marshall Toole, per an announcement on X.

The New York Yankees have traded OF Marshall Toole to the Tampa Bay Rays as the player to be named later in the 7/31/25 trade in which the Yankees acquired INF/OF José Caballero in exchange for OF Everson Pereira.
— New York Yankees (@Yankees) September 17, 2025

Toole played collegiately at Wofford College, where he slashed .333/.443/.492 with 13 home runs, 109 RBIs and 82 stolen bases over 162 games and 705 plate appearances.

The Yankees selected him in the 15th round of the 2024 MLB Draft, and he signed for a bonus of $150,000. Toole began his professional career with Low-A Tampa last year and batted .255/.449/.353 with a homer, nine RBIs and eight stolen bases over 17 contests.

The left-handed hitter remained with Tampa for the entire 2025 campaign, slashing an impressive .305/.406/.479 with five home runs, 48 RBIs and 44 stolen bases in 96 games.

Toole is not currently listed among the Rays' Top 30 prospects by MLB Pipeline, and he won't be Rule 5 eligible until December 2027.

Caballero, on the other hand, has taken over the starting shortstop duties for the time being amidst Anthony Volpe's struggles and the recent revelation that he's battling through a partial labrum tear in his shoulder.

Jesse Johnson-Imagn Images

In 34 games for the Yankees, Caballero has been a difference-maker with a .262/.355/.477 slash line, three homers, eight RBIs and 14 stolen bases on 16 attempts.

The 29-year-old, who is under club control through the 2029 campaign, has also logged three Defensive Runs Saved (DRS) and four Outs Above Average (OAA) in 324 total innings at shortstop between the Rays and Yankees this season.

Pereira, on the other hand, was recalled from Triple-A Durham by Tampa Bay on August 11. In 20 contests and 56 at-bats for the club, he has batted .143/.234/.214 with a home run and four RBIs.

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