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According to riveraveblues.com, the Washington Nationals called Brian Cashman about Brett Gardner's availability.
We all know that the Nationals have coveted Tampa Bay Rays center fielder B.J. Upton and are among the front-runners on Cespedes, but if they get too expensive then Gardner is not a bad plan B.
What would the Yankees get in return? I see two possible scenarios.
The first one is that the Yankees send Gardner to the Nationals for righty Brad Peacock, who posted a 2-0 record, 0.75 ERA and 1.08 WHIP in 12 innings in the majors in 2011. Peacock was also strong in the minors by going 10-2 with a 2.01 ERA in Double-A and 5-1 with a 3.19 ERA in Triple-A to go along with a 3.77 K/BB.
The second one is a more complicated three-team deal for either Matt Garza or Gio Gonzalez. The Yankees would send Brett Gardner to the Nationals and Dellin Betances and Slade Heathcott to the Cubs/A's. The Nationals would then send Brad Peacock to the Cubs/A's, who would then send Garza/Gonzalez to the Yankees.
In both trade scenarios, the Yankees would be adding a reliable starter to their rotation and would be replacing Brett Gardner with Yoenis Cespedes in left field.