UPDATE, 7:58 p.m.: Still waiting to hear something on the Yankees end. Buster Olney says it will be a “lower-level pitching prospect” going to Chicago, and that the Cubs will pick up most of the salary. Have to believe Soriano would immediately step in as the Yankees cleanup hitter, sandwiched between Cano and Overbay?
UPDATE, 8:01 p.m.: Just a reminder, the Yankees actually have an open 40-man spot, so they would only need to clear a 25-man spot if these deal becomes finalized.
UPDATE, 8:42 p.m.: Just heard from a Yankees source who said the deal is “not done yet, but close.”