After officially waiving his no-trade clause, the Chicago Cubs traded Alfonso Soriano to the New York Yankees.
Soriano is still owed $24.5 million through the end of the season, of which the Chicago Cubs are paying $17.7 million and the Yankees will cover the remaining $6.8 million. Soriano will make $18 million next season, $5 million of which will be paid by the Yankees.
Soriano, 37, started his baseball career with the New York Yankees — playing for them from 1999-2003 — and will have some friends waiting for him once he gets back to the Bronx.
“It was great when I used to be with the Yankees,” Soriano said. “My best friend with the team is [Derek] Jeter, and he’s still there. Mariano [Rivera] is still there too. And me and[Robinson] Cano are good friends, too, because we’re from the same town. I could feel very good with the Yankees because I’ve been part of the family before with them.”