The Yankees have acquired closer Aroldis Chapman from the Reds in exchange for minor-leaguers Eric Jagielo, Rookie Davis, Caleb Cotham and Tony Renda, as first reported by Jack Curry of YES Network and Bryan Hoch of MLB.com.
Chapman has been involved in trade rumors all winter, and was almost traded to the Dodgers during the Winter Meetings before reports surfaced of an alleged domestic violence incident in Miami. Los Angeles decided to stop pursuing a trade for Chapman, though the Reds kept shopping the left-hander and ultimately found a willing trade partner in the Yankees.
Chapman is currently being investigated by Major League Baseball for his role in the incident, in which he allegedly choked his girlfriend and fired multiple gunshots in the garage of his home. He may be suspended for his role in the incident, though the Yankees are apparently comfortable enough with the situation to add him to their roster.
The Yankees now have a three-headed monster at the back of their bullpen, with Chapman joining Andrew Miller and Dellin Betances. New York may look to trade Miller, who they have been shopping all winter and came close to trading at the Winter Meetings, or could look to keep the trio intact heading into next season.
Chapman, 27, has spent the first six seasons of his major-league career with the Reds, posting a 2.17 ERA while saving 146 games in 324 appearances. He is slated to become a free agent at the end of the season.
Cincinnati receives a package of four minor-leaguers from the Yankees, with Jagielo serving as the headliner. It is unclear what the Reds would have received from the Dodgers in the previously agreed-upon trade, though Jose Peraza (who was sent to Cincinnati in the Todd Frazier deal) was thought to be part of the package.
Jagielo, a 23-year old third baseman, was New York's 1st-rounder in the 2013 draft and could be the long-term replacement for Frazier in Cincinnati. He was ranked by MLB.com as the 6th-best prospect in the Yankees' system at the time of the deal and is regarded as an offense-first player who has strong power. Jagielo spent last season at Double-A Trenton, but could help the Reds in the majors at some point in 2016.
Davis, 22, is a 6-foot-5 right-hander who was originally selected in the 14th round of the 2011 draft. He was ranked as the 10th-best prospect in New York's system by MLB.com after posting a 3.86 ERA in 25 appearances (24 starts) with High-A Tampa and Double-A Trenton last season.
Cotham, 28, made his major-league debut last season for the Yankees and is not among the club's top 30 prospects. The reliever spent the bulk of last season split between Double-A and Triple-A, posting a solid 2.21 ERA in 35 minor-league appearances.
Renda, a 24-year old second baseman, was the Nationals' 2nd-round pick in 2012 before being traded to New York in exchange for David Carpenter last summer. He hit .269/.330/.358 with three homers in 127 games last season at Double-A.