Trade Alert: Yankees deal Aroldis Chapman to Cubs for prospects, report says

After several weeks of deliberation and dialogue, Aroldis Chapman's inevitable departure from New York is now complete, and in blockbuster fashion. The Yankees 28-year-old closer was officially traded to the Chicago Cubs on Monday afternoon in exchange for prospects Gleyber Torres, Billy McKinney, reliever Adam Warren, and a player to be named later, according to Jon Heyman of FanRag Sports.

Yanks and Cubs have a deal. Torres, mckinney, Warren and likely 1 more to NYY.

— Jon Heyman (@JonHeyman) July 25, 2016

Torres, a 19-year-old shortstop, is currently ranked as the Cubs' top-prospect and No. 15 in baseball, according to ESPN's Keith Law. In 94 games with High-A Myrtle Beach, Torres hit .275 with 26 extra-base hits and 47 runs batted in, and is projected to make his major league debut in 2018. McKinney, a first-round draft pick from 2013, is ranked the fifth-best Cubs prospect and No. 75 in baseball, according to MLB.com. The 21-year-old outfielder hit .252 in 88 games with Double-A Tennessee. Warren, 28, who was traded by the Yankees last November in a package deal for second baseman Starlin Castro, has posted a 5.31 ERA in 35 innings of relief this season, and was optioned to Chicago's Triple-A affiliate on Sunday. Warren remains arbitration eligible for 2017, and becomes a free agent in 2019. In 31.1 innings this season, Chapman has earned 20 saves, including 44 strikeouts and a 2.01 ERA.