NEW YORK (CBSNewYork) – The New York Yankees are on the verge of acquiring outfielder Vernon Wells from the Los Angeles Angels, according to WFAN’s Sweeny Murti.

Los Angeles would be sending Wells and a large amount of cash to the Yankees.  Wells is willing to waive his no-trade clause to join the Yankees.  He has two years and $42 million remaining in owed salary.

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The teams have an agreement, with the Yankees on the hook for $13 million of what’s owed to Wells, WFAN and baseball insider Jon Heyman reported. The commissioner’s office must approve the deal.

Jeff Passan of Yahoo! Sports first reported the potential trade.

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With Curtis Granderson on the disabled list, Wells is expected to play left field and Brett Gardner will patrol center field.  Granderson is expected to return in May.  Recently acquired outfielder Brennan Boesch has been troubled by ribcage stiffness.

In 2012, Wells saw his role cut by the Angels.  He only played 77 games and batted .230 with 11 home runs and 29 RBIs in 243 at-bats.  He will fly to Tampa to undergo a physical on Monday.

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Is Wells worth the gamble… or should the Yankees have steered clear of the declining outfielder?  Sound off below…