YouWager experts have confirmed that Alfonso Soriano has been traded back to the New York yankees. The Chicago Cubs outfielder officially waived his no-trade clause earlier today.
According to sources close to Soriano, of the estimated $24.5 million the 37 year-old is owed through the end of next MLB season, Chicago is going to pick up about $17.7 million and New York will cover the remaining $6.8 million.
In addition, the native of Dominican Republic is scheduled to make $18 million next season, $5 million of which will be paid by the Yankees.
The MLB had to approve the dollar exchange for the trade to go through. Chicago will get Class A pitcher Corey Black from the Yankees.
As baseball fans might recall, Soriano began his career with the Yankees — playing for them from 1999-2003 — and will have some familiar faces waiting for him now that he’s returning to the Bronx.
The 7x All-Star player is batting .254 with 17 home runs and 51 RBIs this season and has heated up in July, with eight homers and 16 RBIs. Soriano’s 11 hits shy of 2,000 for his career and 11 home runs short of 400.