Yankees Land David Bednar, but Rafael Flores Headliner Raises Eyebrows

A Clear Need Addressed

New York's bullpen has been a major concern. It is ranked 21st in MLB with a 4.24 ERA and a 1.313 WHIP through July 31. Relievers gave up a 4.28 ERA in July alone, highlighting ongoing inconsistency. Bednar, a two-time All-Star, owns a 2.65 ERA and 22 saves this season. He offers the Yankees a reliable and experienced late-inning arm who can stabilize the ninth inning and provide postseason poise.

The Cost of Future Potential

Flores, 23, has emerged as one of the Yankees' best catching prospects, boasting a .276/.351/.826 slash line with 16 home runs and 60 RBIs across Double-A and Triple-A in 2025. Known for elite framing and solid offensive skills, Flores was widely regarded as near MLB-ready and could have been a long-term answer behind the plate.

Trading him and Perez signals the Yankees' confidence in their current catching options. Plus, a willingness to gamble future depth for immediate bullpen strength.

Calculated Risk or Overpay?

This deal represents a classic win-now move. The Yankees are making a clear push to strengthen critical bullpen roles ahead of a tight postseason race. However, the risks are evident. Bednar, though excellent, is 29 and has to perform at a high level through October. If injuries or performance issues arise, the cost of losing a polished prospect like Flores could loom large.

On the other hand, the Yankees' current contention window and need for bullpen help make this a logical statement. The team's front office is betting that the immediate boost Bednar provides will outweigh the potential future value cost.