Yet despite a need to infuse an aging roster with youth and athleticism, the Bronx Bombers are on the verge of adding a 34-year-old Wells to the mix.
According to multiple outlets, including Mark Feinsand of the New York Daily News, a deal that brings Wells to the Bronx will be completed within the next 24 hours:
Source says the Yankees/Angels deal "will get done." Could be as early as tonight, but Vernon Wells will be a Yankee by tomorrow.— Mark Feinsand (@FeinsandNYDN) March 24, 2013
Wells, who is due nearly $49 million through the 2014 season, will have the bulk of his salary picked up by Los Angeles, which will receive a low-level minor league player in exchange, according to MLB.com's Bryan Hoch.
While the trade isn't costing the Yankees anything significant, and the Angels are moving a player for which they had no real use, there are pros and cons—winners and losers—to such a move for both teams.
Let's take a look at who and what is affected most by the deal.
UPDATE: Tuesday, March 26
The deal is official.
According to ESPN New York's Wallace Matthews, the Yankees have traded a pair of low-level minor leaguers to Los Angeles in exchange for Wells—outfielder Exicardo Cayones and left-handed pitcher Kramer Sneed.
New York also agreed to pay $14 million of the remaining salary on Wells' contract