In a rare trade between rivals, the Yankees have sent reliever Adam Ottavino to the Red Sox, according to The Athletic's Lindsey Adler.
The New York Post's Joel Sherman reports Yankees pitching prospect Frank German is also headed to the Red Sox as part of the trade. German is ranked as New York's No. 24 prospect by MLB.com.
The deal comes after the Yankees reportedly were looking to give themselves luxury tax threshold room and move Ottavino's $9 million luxury tax for 2021.
Ottavino, 35, has spent the last two seasons with the Yankees.