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UPDATE: Yankees "on verge" of trade for Lance Berkman

Jul 30, 2010, 5:51 PM EDT

UPDATE: A source tells Ken Rosenthal of FOXSports.com that Berkman gave approval of a trade to the Yankees earlier today, however he can waive the trade anytime in the next 24 hours because of his 10-5 rights. As such, this trade probably won’t be official until tomorrow afternoon.
5:10 PM: Earlier this afternoon Joel Sherman of the New York Post reported that the Yankees were “definitely in for Lance Berkman” and “considering him seriously.”
And now Sherman is reporting that a deal sending Berkman from Houston to New York is “on verge of completion.”
No word yet on what the Astros will be getting back or how much salary they’ll have to eat to get it done, but Houston acquired who they hope will be Berkman’s long-term replacement at first base when they got Brett Wallace from the Blue Jays yesterday.
Berkman would be the full-time designated hitter in New York. His current OPS is a career-low .808 after 10 straight seasons above .890, but the 34-year-old switch-hitter has posted an .850 mark since June 1.
Berkman is making $14.5 million this season and his contract has a $15 million option or $2 million buyout for 2011. In other words, he’d be strictly a two-month rental.

  1. Florida727 - Jul 30, 2010 at 5:34 PM

    numbers are down, no value next season, and you have to give something up in exchange. don’t the Yankees have enough punch in the lineup to run through to a championship? i just don’t see the value in making this trade.

  2. YANKEES1996 - Jul 30, 2010 at 5:51 PM

    I don’t see the value of this trade either, Nick Johnson has already taken the Yankees to the bank and woodshed for hiring a full time “OLD” dh. Cash, if we are going to trade for someone lets get some pitching help not an old tired out dh who has been good for the last month. Geez, are we trying to win or just employ every has been that comes down the road?

  3. Glenn - Jul 30, 2010 at 5:51 PM

    Nick Johnson must be turning over in his grave. What? He’s alive?

  4. jde - Jul 30, 2010 at 6:22 PM

    I don’t see the harm in this trade either. From all accounts we are trading a non-prospect minor leaguer, and Berkman will be gone after this year. So we’re simply spending 7 million or so to try and sure up the lineup. This doesn’t seem to have an effect one way or another on what the Yankees will try to do otherwise. Why trading for Berkman means that Cashman wasn’t/isn’t looking at acquiring pitching help is beyond me. Relax people.

  5. Al - Jul 30, 2010 at 6:25 PM

    I really don’t believe anything I read by Aaron Gleeman or the other writers on this blog. They have a bad history and make stuff up. If in fact they did get Berkman he might be good trade bait to get some middle relief pitching. Lets give our guys some space. They usually come thru with something good for us.
    I still think playing 650 baseball is good and why change things now? It’s working.

  6. jde - Jul 30, 2010 at 6:46 PM

    Sounds like you’re the one “making stuff up.” They always have sources for their claims, no one is pulling stuff out of the sky. The trade is done, it’s being reported everywhere.

  7. CRM - Jul 30, 2010 at 7:10 PM

    I like this trade. It’s low-risk with high-return potential. Berkman could do some serious damage at Yankee Stadium.

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