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The Yankees turned down a Brett Gardner-for-Brandon Phillips deal

Dec 11, 2013, 10:34 PM EDT

Brandon Phillips AP AP

UPDATE: Well, now it makes more sense. CBS Sports’ Jon Heyman was told by an NL source that before the Yankees turned down the deal, Phillips asked to the Reds re-open his contract and give him more money as an incentive to agree to a trade.

Phillips has a limited no-trade clause which allows him to block trades to 10 teams, so apparently the Yankees are one of them.

10:34 p.m. ET: Here’s an interesting one. According to CBS Sports’ Jon Heyman, the Yankees have turned down a trade that would have sent outfielder Brett Gardner to the Reds for second baseman Brandon Phillips.

It sounds like a pretty good match on paper, as the Yankees have a surplus of outfielders and Phillips would help fill the void at second base now that Robinson Cano has agreed to a 10-year, $240 million deal with the Mariners. Meanwhile, Gardner would give the Reds a quality option to take over the leadoff spot (and potentially center field) with Shin-Soo Choo expected to sign elsewhere. However, the Yankees passed on the opportunity.

It’s worth wondering whether Phillips’ contract had something to do with the Yankees passing here, as he’s owed $50 million over the next four seasons and is already 32 years old. There isn’t much out there among free agent second basemen beyond Omar Infante, so it wouldn’t be surprising to see them revisit the possibility later on.

Phillips amassed 18 homers and a career-high 103 RBI this past season, but he posted a mediocre .703 OPS in the process. Gardner, a popular trade target at this year’s Winter Meetings, batted .273/.344/.416 with eight homers and 24 stolen bases over 145 games this past season. He can become a free agent next winter.

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