Yankees complete trade for Vernon Wells - Dallas News | myFOXdfw.com

Yankees complete trade for Vernon Wells

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The trade sending outfielder Vernon Wells from the Los Angeles Angels to the New York Yankees has been finalized.

New York dealt a pair of minor leaguers to the Angels on Tuesday for Wells: outfielder Exircado Cayones and left-hander Kramer Sneed. The Angels will pay about $28.5 million of the $42 million Wells is owed over the final two seasons of his contract.

The Yankees will pay most of his salary this year, a move designed to help the Angels to stay under the luxury tax threshold of $178 million. Los Angeles will pay most of his salary in 2014, when the Yankees hope to get under the threshold as it rises to $189 million.

Wells was down to play left field and bat sixth for the Yankees against Houston on Tuesday night.

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