Abreu, Lidle Bronx Bound

The Yankees and Philadelphia Phillies completed a 6 player swap today that will see outfielder Bobby Abreu and pitcher Corey Lidle headed up the NJ Turnpike. The Phillies get minor leaguers - shortstop C.J. Henry (2004 1st round pick), pitchers Matt Smith and Carlos Monasterios and catcher Jesus Sanchez. Only Smith is major league ready and had thrown 12 scoreless innings for the Yankees this season.

The Yankees pick up the full remainder of both Abreu and Lidle's contracts, but are not responsible for Abreu's option in 2008 as was first feared. The Phillies actually paid Abreu $1.5 million to waive his no-trade clause.

Our take - This is an excellent deal for the Yankees. Though they take on a lot of salary they aren't giving up any minor leaguers, with the exception of Smith, who would have any major league impact in the near future. The deal got even sweeter when the Yankees didn't have to pick up Abreu's 2008 option. Lidle will battle Jaret Wright and Sidney Ponson for the final spots in the rotation.