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The Pirates will pay between $13-14 million of the $33 million remaining on Burnett's contract, the Daily News reported Friday.
The Yankees signed Burnett after the 2008 season, around the same time they also landed CC Sabathia.
Burnett, 35, owns a career record of 121-111 with a 4.10 earned-run average in 314 games -- 309 starts -- for the Marlins, Blue Jays and Yankees. He threw a no-hitter while with Florida on May 12, 2001.
Moreno, 24, went 2-4 with five saves and a 3.63 ERA in 41 games between Class- A and Double-A ball last season. Cayones, 20, hit .228 with 12 RBI in 38 total games with State College and the GCL Pirates in 2011.
Other candidates that were reportedly in the mix were former Yankees Johnny Damon and Hideki Matsui.
The Yankees were able to free up some money to add a bat when they finalized a trade that sent pitcher A.J. Burnett to Pittsburgh.
In 1,817 games over 16 seasons with Seattle, Kansas City and Philadelphia, Ibanez has 252 homers, 1,054 runs batted in and a .280 batting average. He was an All-Star for the first and only time with the Phillies in 2009.
McClendon compiled a 3-0 record and a 2.63 ERA in nine relief appearances with Milwaukee a year ago, while Dillard had a 1-1 record and matched Estrada with a 4.08 ERA in 24 trips out of the Brewers bullpen in 2011.
Phoenix, AZ (Sportsbook Betting Lines) - Veteran slugger Manny Ramirez is reportedly set to join the Oakland Athletics. Various reports, including MLB.com, have indicated that Ramirez has agreed to a minor league contract worth $500,000.
Ramirez, a 12-time All-Star who will turn 40 years old on May 30, previously served a 50-game ban in 2009 as a member of the Dodgers for his first drug violation.
Phoenix, AZ (Sportsbook Betting Lines) - Veteran slugger Manny Ramirez has agreed to terms with the Oakland Athletics on a minor league contract. Various reports, including MLB.com, have indicated that the deal is worth $500,000. He is expected to report to the A's spring training as a non-roster invitee by the end of this week.
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Dallas Cowboys Super Bowl Odds
Will he or won't he? Now that the Dallas Cowboys have a new head coach in Wade Phillips, the big question will be: Does Terrell Owens stay with the team.
Jerry Jones continues to suggest that Terrell Owens will remain with the team.
"I've said that he's back, he's here, he's under contract," Jones said. "In the interviews I've just been through (to hire a new coach), it was very clear to me how highly he's thought of and how much of an impact he had on our offensive success."
Just to be sure though, Terrell Owens cleared out his locker and removed his name plate.
Terrell Owens was among the Cowboys most productive players this past season, catching 85 passes for 1,180 yards and a league-best 13 touchdowns.
But T.O. is due a $3 million roster bonus in June, then a $5 million salary this season. Cutting him before then would save a lot of money and headaches.
Aside from the questions surrounding Terrell Owens, the oddsmakers at MySportsbook.com have concerns over starting quarterback Tony Romo's state of mind and whether he will remain a starting quarterback. It is also not known how players will adjust to new head coach, Wade Phillips.
Here are the football odds as seen at MySportsbook.com and subject to change after February 10, 2007 if not locked in prior to that date.
Arizona Cardinals 60-1
Atlanta Falcons 50-1
Baltimore Ravens 15-1
Buffalo Bills 50-1
Carolina Panthers 18-1
Chicago Bears 10-1
Cincinnati Bengals 15-1
Cleveland Browns 100-1
Dallas Cowboys 15-1
Denver Broncos 15-1
Detroit Lions 100-1
Green Bay Packers 50-1
Houston Texans 100-1
Indianapolis Colts 6-1
Jacksonville Jaguars 30-1
Kansas City Chiefs 30-1
Miami Dolphins 40-1
Minnesota Vikings 75-1
New England Patriots 10-1
New Orleans Saints 18-1
New York Giants 20-1
New York Jets 30-1
Oakland Raiders 100-1
Philadelphia Eagles 18-1
Pittsburgh Steelers 10-1
Saint Louis Rams 60-1
San Diego Chargers 6-1
San Francisco 49ers 75-1
Seattle Seahawks 20-1
Tampa Bay Buccanneers 75-1
Tennessee Titans 40-1
Washington Redskins 50-1
To visit this online sportsbook got to MySportsbook.com for all your Sportsbook credit cards needs.
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