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Source: The Yankees have traded Adam Ottavino to the Red Sox.

For the first time in seven years, the Yankees and Red Sox have agreed on a trade.

Lindsey Adler of The Athletic reported that the Yankees have traded Adam Ottavino, prospect Frank German and $850,000 in a salary dump to Boston, who will take on most of the money remaining in Ottavino’s contract. The Yankees will receive cash considerations or a player to be named later.

The Yankees are kicking in $850,000 into the Ottavino trade.

— Buster Olney (@Buster_ESPN) January 25, 2021

The #Yankees basically said they would rather have what else they can get in this marketplace for, say, between $5M-$10M within budget to stay under $210M luxury tax threshold than Ottavino/F.