The Yankees’ offseason blueprint appears to be leaning toward the trade market, and that makes sense given the pieces they have to work with. New York has surplus in the rotation and in the outfield, plus enough depth in a few other spots to shop from strength while trying to patch the holes that still need attention.
That creates a pretty clear list of trade chips, and the Yankees have five especially valuable ones to dangle if they decide to get aggressive this winter.
Will Warren sits near the top of that group because he brings something teams always want: a controllable arm with room to grow. The 27-year-old won’t reach free agency until 2031, and that kind of team control matters when a club is looking beyond a one-year fix. The Yankees also have no reason to treat him like a throw-in after the type of season he put together.
Warren’s results have been uneven over the last two seasons, but the upside has been obvious in flashes. He made 33 starts in 2025 and 29 in 2026, then added three bullpen appearances in 2026 that came with more velocity and movement in his arsenal.
He has also stayed on the mound, and that durability only adds to his appeal. The Yankees reportedly rejected a 2026 trade deadline deal with the Padres that would have sent Warren to San Diego for Adrian Morejon, though other reporting later said New York never made an offer involving Warren.
Either way, the message is clear: he’s valuable.
Spencer Jones is a different kind of chip, and his value depends on how the Yankees see him. If they believe he can handle center field every day, he may stay put.
If not, he becomes a real candidate to headline a deal. Jones improved as the season went on, but the strikeouts remain a concern, and his move to center field has not been seamless.
Cody Bellinger is also in the mix there, even if left field is his best fit.
Still, Jones has the kind of tools that make teams dream. The power is loud, and the athleticism is real. That combination gives him major trade value, especially if the Yankees decide Jasson Dominguez deserves another shot.
Carlos Lagrange brings a different kind of intrigue because his future could go either way. The Yankees had him on track to make his MLB debut as a reliever last season before a shoulder injury got in the way, but the organization has said his long-term future is as a starter.
That matters, because his profile works in both lanes. He has a triple-digit fastball and three strong secondary pitches - a cutter, slider and changeup - which gives him the kind of arsenal that can play now or grow into something bigger later.
That flexibility makes him valuable, and it also makes him movable if the Yankees decide the return is right. He’s the sort of arm teams can dream on, whether they want him in the bullpen immediately or prefer to keep developing him as a starter.
Elmer Rodriguez is another starter from the Yankees’ crowded pitching inventory, and he’s already drawn interest. The 23-year-old had a rough first look in the majors, especially with command, but the stuff is still there.
He’s just a year removed from striking out 176 batters in 150 innings across three minor league levels, which is a big reason teams kept asking about him. The Orioles were one example, asking for Rodriguez in a package for Adley Rutschman that the Yankees were unwilling to meet.
Rodriguez’s next step appears to be a big league rotation, and that’s exactly why he could make sense in a trade. If the Yankees don’t have a spot ready for him, another club that needs pitching may be willing to take on the development and bet on the upside.
At the bottom of the list, but still very much in play, is Dax Kilby. He’s the Yankees’ No. 1 prospect on MLB Pipeline and a Top 100 prospect overall, though he’s also the farthest from the majors.
Even so, he’s making noise in the Arizona Fall League right now, with 12 extra-base hits and just 9 strikeouts at age 19. He’s nearly three years younger than the average AFL player this year, and scouts are already praising his bat-to-ball skills and plate discipline.
Because George Lombard Jr. is already set at shortstop, the Yankees have some room to use Kilby in a major deal if they want to. He’s not the kind of piece that helps immediately, but for a team willing to keep developing him, he could be the final ingredient in a bigger trade.
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