After the Chicago Cubs shockingly gave up on their No. 18 prospect, bullpen fireballer Michael Arias, the New York Yankees moved quickly to acquire him.

After moving Miles Mastrobuoni to the Seattle Mariners for cash considerations, the Cubs have made another trade for cash. Per reports, RHP Michael Arias has been traded to the New York Yankees.

The New York Yankees have announced that they’ve acquired right-handed reliever Michael Arias from the Chicago Cubs in exchange for cash considerations. The 23-year-old has an interesting ...

The Yankees acquired Arias from the Cubs on Wednesday in exchange for cash considerations. Arias was designated for assignment earlier this week and is now on the move to a new organization.

Arias, 23, has not pitched at the MLB level but recorded a 4.77 ERA over 49 appearances, all in relief, for the Cubs’ Double-A and Triple-A affiliates last year. He struck out 72 batters over 60 ...

Right-hander Michael Arias was designated for assignment to make room for Rea on the 40-man roster. The move reunited Rea with Cubs manager Craig Counsell. Rea also pitched for the Cubs during the ...

MLB — Named Ed Weber chief financial officer. National League CHICAGO CUBS — Agreed to terms with RHP Colin Rea on a one-year contract. Designated RHP Michael Arias for assignment. PITTSBURGH ...