Yates was recently designated for assignment by Tampa five days ago. To make room on their 40-man roster, the Indians designed outfielder Michael Choice for assignment to clear a roster spot.
Before this trade, it was thought that he would sign with a team with an invitation to Spring Training. However, the Indians were impressed with him that they thought it was worth a gamble to give up money for him.
Yates has been with the Rays for the past two seasons. He was 1-2 with a save in 56 1/2 innings in 57 games and a 5.27 ERA.
This past season, the 28-year-old got one win with a 7.97 ERA in 20 1/3 innings in 20 games.
Last season, he was 0-2 with a 3.75 ERA in 36 innings in 37 games.
According to Baseball Reference, he’s projected to go 2-2 with a 4.62 ERA in 39 innings. He’s also expected to give up seven home runs, while walking 13 and striking out 20.
He signed an amateur free agent contract with the Rays in 2009. He then made his Major League Baseball debut on June 7th, 2014.
The earliest that he could become arbitration eligible is in 2018. He can become a free agent after the 2021 season.
He made $512,800 last season. He has 114 days in the Big Leagues.