Yankees Trade Caleb Frare to White Sox for International Bonus Cash

The Yankees hauled in some more international bonus money Sunday, sending minor-league lefty Caleb Frare to the Chicago White Sox in exchange for $1.5 million in international signing bonus pool money.

The lefty, an 11th round pick in the 2012 draft, was pitching lights out for Double-A Trenton this season. In 31 appearances (43⅔ innings), Frare put together a 0.62 ERA and 11.7 strikeouts-per-nine rate in the Eastern League. He also made one appearance for Triple-A Scranton/Wilkes-Barre, allowing a run on two hits with one strikeout.

Joel Sherman of the New York Post implied that the Yankees were higher on fellow minor-league lefty Stephen Tarpley, who has a 1.42 ERA and 8.7 K/9 across 27 Double-A and Triple-A games this season.

Frare appears to be the latest casualty in Brian Cashman‘s series of trades to clear fringe candidates for 40-man roster spots out of the Yankees’ system. Of course, after a certain time, players in each minor league system must be placed on the 40-man roster or they risk being selected in the annual Rule 5 Draft. This same logic appears to be behind the recent trade of Giovanny Gallegos and Chasen Shreve to St. Louis, which brought back minor-league first baseman Luke Voit and more international signing bonus pool money.

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