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REPORT: Yankees acquire Lance Berkman from Astros

Jul 30, 2010, 8:55 PM EDT

It won't be official until Saturday, but Lance Berkman has waived his no-trade clause to join the Bombers.

UPDATE: Oh boy. Joel Sherman of the New York Post hears that the Astros are covering $4 million the $7.5 million remaining on Berkman’s contract. Buster Olney of hears that the Astros are covering $3 million.

Doesn’t matter. I hear Ed Wade is also giving Berkman a complimentary piggyback ride to meet up with his new team at Tropicana Field.

7:08 PM: So much for reloading. According to Buster Olney of, not only are the Yankees not giving up any major prospects for Berkman, but the Astros are picking up “a lot” of his remaining contract.

6:21 PM: It’s official. According to Joel Sherman of the New York Post, Lance Berkman has consented to waive his no-trade rights and will head to the Yankees. We’ll still have to wait 24 hours due to his 10-5 rights, but this thing is done. It’s not yet known who the Astros will receive in return or if they were willing to eat any of his contract.

Berkman, 34, is owed roughly $5 million for the rest of this season and his contract includes a $15 million team option for 2011 or a $2 million buyout. He requested that his option not be picked up in a trade (and don’t worry, it won’t be), so Berkman will make about $7 million guaranteed.

On paper, Berkman will be the everyday designated hitter for the Yankees moving forward, but perhaps the most interesting angle of this thing is how Joe Girardi will split up the playing time  if Jorge Posada is only available to play behind the plate a few times a week. Ah, what am I saying? It must be tough to be a Yankees fan.

  1. funkygoorilla - Jul 30, 2010 at 6:39 PM

    I am sure the Rays did not like seeing this one. Now we have everything we need to crush them!

  2. Reflex - Jul 30, 2010 at 6:47 PM

    You on the Yanks 40 man roster? Just curious, what with all this ‘we’ talk….

  3. Old Gator - Jul 30, 2010 at 6:58 PM

    Show some respect. You’re talking to George Steinbrenner’s ghost.

  4. andrewlw - Jul 30, 2010 at 7:02 PM

    Rays can still get Dunn to out do Yankees.

  5. funkygoorilla - Jul 30, 2010 at 7:04 PM

    I take it “Reflex” is a Rays fan? (wimper)

  6. Ditto65 - Jul 30, 2010 at 8:40 PM

    Oh Lord, it’s hard to be humble, when you’re perfect in every way. I can’t wait to look in the mirror – I get better lookin’, each day!

  7. JBerardi - Jul 30, 2010 at 9:06 PM

    My God, the Astros are screwed. They’re gonna be lost in the wilderness for years.

  8. Jason_96 - Jul 30, 2010 at 9:09 PM

    Yeah and all it took was having a 220 million dollar payroll. No wonder everyone outside of New York dispises the Yankees. They aren’t playing on a level playing field. You just buy all your World Series. Big f***ing deal.

  9. DG1965 - Jul 30, 2010 at 9:25 PM

    Why should anyone give up something for two months of the ghost of Lance Berkman? He’s having the worst season of his career and if he finds a team next year it will be on the Abreu pricing plan, a far shot from his current salary.
    And I still can’t fathom why the Yankees want him. The only possible gain is the hope that in a field with little league dimensions he’ll get his SLG% back over .500. But at the cost of not having the DH spot open for Posada and the rest of the geriatrics? And when its the bullpen that needs help, not the offense?

  10. chief56 - Jul 30, 2010 at 9:38 PM

    Grown men going on and on about baseball as though they’re personally involved. It’s all
    the “we” shit and I’m sure they wear their Yankee jerseys to the game and might even take a glove.
    Peter Pans. I was a Yankee fan growing up- even before TV-I would listen to Mel Allen and keep
    a scorebook of the game- there were only 8 teams then so every kid that followed baseball knew
    every lineup- at least for the league they followed and some knew all 16 teams lineups. In the summer
    we played baseball every day and many would imitate batting stances of famous players- BUT we were kids- today grown men act like little twerps arguing about whose team is best- who they need to trade for-
    who’s coming up in the farm system- what happened to MEN.

  11. funkygoorilla - Jul 30, 2010 at 10:04 PM

    I’m sure that if any of the other teams had the revenue the Yanks do, they would purchase the big names as well. Why do so many people play the “bought the world series” angle? Look at the Phillies, or the RedSox. The big names that don’t get snatched by the Yankees always go somewhere, so every other team does it, just to a smaller scale. Yeesh, I was just trying to have a little fun, don’t be so catty.

  12. YankeesfanLen - Jul 30, 2010 at 10:41 PM

    By cracky, w’re just having a lil fun here just like you did when you were a kid. Don’t take anyone here too seriously, particularly me, for corn’s sake.

  13. mike - Jul 30, 2010 at 10:44 PM

    Last time I looked RAYS 3 YANKS 2 enough said. I guess the Yanks do need to add to their already Monster payroll. Amazingly they have a 210 million payroll now to the rays 60 and they have to add more to beat them.

  14. jojomama - Jul 30, 2010 at 10:50 PM

    It will be interesting to see how this plays out. Another old man in the lineup for the Yanks. He’s a had a great career, but Berk’s having a bad year and again, he’s old. Let’s see how he does in the AL as a DH, which can be a difficult adjustment for a career NL position player. Exhibit A: Burrell, Pat.

  15. peteinfla - Jul 31, 2010 at 1:59 AM

    Really now, if you want to hate the Yankees, fine. But the Rays winning one game last night is “enough said”?

  16. tejano2k - Jul 31, 2010 at 2:46 AM

    Jason_96 – Just to smooth your ruffled feathers and sweeten-up the sour grapes you seem to be ingesting, the beloved Yankees paid approximately $25.7 million in “Luxury Tax” in 2009. The amount is about a 40% tax rate. Whatever small market team you might pull for, shared in this “hand-out”. Tampa Bay can compete through bringing up farm system players, why not all the others? The Yankees prefer to go the “easy” route. Who wouldn’t want their team to be in this position? Now, let’s hear more whining.
    To the rest of the haters, don’t worry about the Yankees losing a regular season game every now and then, regardless of the amount of the payroll. Worry about playing them in October. Don’t you wish you could say that about your team? Out…

  17. Ditto65 - Jul 31, 2010 at 8:08 AM

    I agree. WE need to grow up. Shut down this sensless blog – after all, it covers the juvenile game of baseball and distracts us from the important things in life. I think WE should take it one step further: outlaw baseball for anyone over the age of 18. You can’t play, watch, listen to, or think of baseball if you are over the age of 18. WE need to do something NOW, before we are lost. The United States is lagging behind Asia, and WE have noone to blame but baseball. GROW UP, AMERICA! Geez…

  18. Ditto65 - Jul 31, 2010 at 8:11 AM

    They sure have slipped since Steinbrenner died.

  19. Md23Rewls - Jul 31, 2010 at 2:34 PM

    Last time I looked, the Yankees still have the best record in baseball. BTW, where did all of those Tampa fans come from last night? I guess supporting your team is only cool when the Yankees come to town. Screw cheering for them when they’re playing the rest of the league!

  20. Pisano - Aug 2, 2010 at 11:55 PM

    This guy will lay an egg in New York . He won’t be able to take the pressure .

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