The Tigers and Yankees have agreed to the following deal:
Yankees send:
1B Mark Teixeira (salary: $22.5m in 2014, $22.5m in 2015, and $22.5m in 2016)
$15m to partially cover Teixeira's salary for each of the remaining guaranteed years of his contract (2014, 2015, and 2016)
Tigers send:
1B Greg Bird (minor league contract - High-A Lakeland)
CF Shawon Dunston Jr. (minor league contract - High-A Lakeland)
P Frank Del Valle (minor league contract - AA Erie)
3rd round pick in the upcoming draft