The Yankees have agreed to trade Beltran to the Rangers, Jeff Passan of Yahoo! Sports reports.

EDGE Analysis

The Yankees' overhaul continues with the trade of Beltran, who is hitting .304/.344/.546 with 22 homers in his age-39 season. The switch-hitter has beaten up on left-handed pitching to the tune of a 1.045 OPS while more than holding his own against righties, and will give the AL West-leading Rangers some extra thump in the heart of the order. Right-hander Dillon Tate is heading to New York in return.