The New York Yankees have agreed to trade 39-year-old Carlos Beltran to the Texas Rangers for pitching prospects Dillon Tate, Erik Swanson and Nick Green.

Yahoo! Sports first reported the trade. The Rangers receive Beltran for the home stretch of the season as he will be a free agent after the year ends. Beltran batted .304 with 22 home runs and 64 RBIs this season for the Yankees. The Yankees will receive the Rangers former first round pick of 2015 in Tate. So far in 17 games he has posted a 5.12 ERA and 3-3 record for the class A Rangers affiliate.

He has dealt with hamstring issues and fatigue as he becomes accustomed to more innings. Despite Tate’s struggles, the Yankees hope that the prospect lives up to his potential.

For the Rangers, Beltran will add power to the Rangers lineup and should serve as the DH in the last few months of the season. They currently sit atop the American League West with a 62-44 record.

After starting off the second half of the baseball season hot, the Yankees have lost their last four games. Since Beltran is a free agent at the end of the year, selling him made perfect sense. During the losing streak, they have improved their farm system radically.

In acquiring eight new prospects, most experts believe they now bolster a top three farm system.

With the new additions they now have six of the top 50 prospects according to Keith Law. For the first time in a long time, the Yankees are in a full-scale rebuild for the future.

The Rangers meanwhile look to get over the hump seeking the team’s first World Series Championship.


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