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July 30, 2006

ESPN - Yankees have tentative deal for Abreu, Lidle
by SG's Jayson Stark reported the Yankees will send 18-year-old minor-league shortstop C.J. Henry -- their No. 1 pick in 2005 -- and 27-year-old left-handed reliever Matt Smith. The Phillies will also pick one other minor-leauge player from an agreed-upon list, while the Yankees will take on responsibility for Abreu and Lidle's contracts.

More to come if this gets confirmed.

Update: Fox Sport's Ken Rosenthal has more details about the tentative agreement.

The Yankees would get Abreu and right-hander Cory Lidle in the deal.

In return, the Phillies will get four minor leaguers — Class A shortstop C.J. Henry, the Yankees' first pick in the 2005 draft, Class AAA left-hander Matt Smith, 27, and catcher Jesus Sanchez, 18, and right-hander Carlos Monasterios, 20, both of whom are with the Yankees' rookie ball affiliate in the Class A Gulf Coast League.

It's official: - Phillies trade Abreu to Yankees

The shift of Shane Victorino to right field and insertion of Aaron Rowand in center was simply the fallout of the blockbuster that Abreu and Cory Lidle to the Yankees for a quartet of prospects headed by former first-round draft pick C.J. Henry.

Henry, 20, the Yankees' No. 1 pick in 2005, comes to Philadelphia with 27-year-old left-handed reliever Matt Smith, catcher Jesus Sanchez and right-hander Carlos Monasterios.

The Yankees will assume Abreu and Lidle's contracts. Abreu alone is due close to $37 million over the next 2 1/2 seasons, while Lidle is in the final season of a two-year, $6.3 million contract he signed in November 2004.