The Yankees thought so much of Charlie Hayes they traded for him twice. As the proverbial player to be named later, Hayes first stay with the team came on February 19, 1992, when the Philadelphia Phillies sent him to the Yankees to complete an earlier deal made on January 8, 1992.
Hayes batted an inglorious .257 with 18 home runs and 66 RBI for an inglorious Yankees team in the 1992 season. The Yankees exposed him in the expansion draft the following off season and Hayes was selected as the third pick of the Colorado Rockies where he spent the next two seasons before moving on to the Phillies and Pittsburgh by the end of the 1995 season.