http://espn.go.com/blog/new-york/mets/post/_/id/106018/mets-sign-vladimir-guerreros-nephew-gregory

Yankees bid 800k

http://www.baseballamerica.com/international/dodgers-agree-sign-8-international-prospect-starling-heredia/

Yankees bid PC+1.8 Million

Indians receive:
David Phelps 440k (2019)

Yankees receive:
J.J. Putz 17M (2016)
Jesus Agular MiLB CLE 1B
Marco Gonzales MiLB STL SP

Yankees make this deal to continue attempting to build my minor league system. Willing to take the awful contract on Putz because I have the space and it gives me te better return. Thanks for the easy talks. Indians to confirm.

Giants get:
Mike yastrzemski of spec
Dace Kime SP spec
Tyler Austin OF spec

Yankees get:
Andy dirks of 1.625 2015
James shield sp  22m  2017
Kyle kubitza 3b spec
Aaron judge of spec

Yankees and Giants have reworked the deal to exclude Worth since he is not eligible to be traded yet. 

Ok.  All players listed below are being released by the Yankees.

1B   Jorge Vazquez
2B   Kevin Russo
SS   Luis Nunez
RP   D.J. Mitchell
RP   Josh Schmidt
3B   Melvin Aquino
SS   Yadil Mujica
SP   Shaeffer Hall
RP   Andrew Sisco
RP   Fernando Hernandez
RP   Francisco Gil
RP   Josh Romanski
RP   Frank De Valle
C   Hector Rabago
1B   Luke Murton
2B   Kevin Mahoney
3B   Robert Lyerly
SP   William Oliver
RP   Ryan Flannery
RP   Michael Solbach
3B   Garrison Lassiter
OF   Kelvin De Leon
SS   Jose Mojica
OF   Dan Brewer
RP   Victor Beriguete
RP   Juan Heredia
C   Jose Lopez
C   Julio Pena
2B   Jerison Lopez
2B   Fu-Lin Kuo
3B   Abraham Ramos
OF   Eladio Moronta
SP   Wilton Rodriguez
RP   Kenedy Agramonte
RP   Daury Aquino
RP   Hector Bello
RP   Johansel Delgado
RP   Deivi Mojica
OF   Jorge Alcantara
RP   Trevor Johnson
RP   Edwin Rodriguez
2B   Jamiel Orozco
RP   Chad Jones
3B   Rafael Polo
SS   Doug Bernier
OF   Jordan Parraz