Yankees get closer Devin Williams from Brewers for Nestor Cortes, Caleb Durbin

The New York Yankees have acquired All-Star closer Devin Williams from the Milwaukee Brewers for left-hander Nestor Cortes and infield prospect Caleb Durbin

NEW YORK -- After acquiring Juan Soto for a one-year rental and failing to keep him as a free agent, the New York Yankees are taking the same chance with Devin Williams.

New York acquired the All-Star closer from the Milwaukee Brewers for left-hander Nestor Cortes and infield prospect Caleb Durbin on Friday. The Yankees will send $2 million to the Brewers as part of the trade.

“He's a year away from free agency but someone that we’ve tried to acquire for a number of years,” Yankees general manager Brian Cashman said. “I’m sure we weren’t the only bidders here in the end.”

A 30-year-old right-hander, Williams is eligible for free agency after the 2025 season. He was diagnosed during spring training with two stress fractures in his back and didn’t make his season debut until July 28.

“Certainly not trying to downplay the impact the Devin had, but we feel like we still have a good amount of strength there with our bullpen,” Brewers general manager Matt Arnold said.

Williams was 14 for 15 in save chances with a 1.25 ERA, striking out 38 and walking 11 among 88 batters over 21 2/3 innings. His fastball averaged 94.7 mph and he threw it on 53.5% of his pitches, mixing in 45% changeups — known as the “Airbender” — and around 1.5% cutters.

William's 43.2% strikeout percentage was the highest in the major leagues among pitchers with at least 20 innings.

“Certainly doesn’t seem to be afraid,” Cashman said. “You can’t do that job if you’re afraid of the big stage.”

An All-Star in 2022 and 2023, Williams was a second-round pick in the 2013 amateur draft. He is 27-10 with a 1.83 ERA and 68 saves in 78 chances over six seasons, striking out 375 and walking 112 in 235 2/3 innings over 241 games.

Milwaukee declined a $10.5 million club option in favor of a $250,000 buyout last month, making Williams eligible for arbitration.

Williams joins a bullpen that includes Luke Weaver, who took over as closer from Clay Holmes in September, Jake Cousins and Ian Hamilton. The Yankees don’t have a left-handed reliever on their 40-man roster.

“If you have right handers that can neutralize lefties, that’s a benefit. It limits your desperation for immediately a left on left,” Cashman said.

Cortes, who turned 30 on Tuesday, was an All-Star in 2022 when he went 12-4 with a career-best 2.44 ERA in 28 starts. He made just one start after May 30 in 2023 because of a strained left rotator cuff and was sidelined late in the 2024 season by a flexor strain in his left elbow.

He returned for the World Series against the Los Angeles Dodgers and entered in the 10th inning of the opener, retiring Shohei Ohtani on a foulout with his first pitch and giving up a game-ending grand slam to Freddie Freeman on his second.

"He’s had a fully healthy offseason," Arnold said. “We expect him to come into camp ready to go as normal.”

Known for his many deliveries, Cortes is 33-21 with a 3.80 ERA in 86 starts and 49 relief appearances over seven seasons. He is eligible for arbitration and also can become a free agent after next season.

“He brings a real stability, I think, to our rotation,” Arnold said. “Somebody that's been a major piece of a really good championship-caliber team in the New York Yankees, I think will fit us very well, especially after the loss of Willy Adames.”

New York had an excess of starters after reaching a $218 million, eight-year agreement with left-hander Max Fried that is pending. The rotation also is projected to include ace Gerrit Cole, Carlos Rodón, Luis Gil and Clarke Schmidt, with Marcus Stroman also available.

Durbin, who turns 25 in February, hit .287 with 10 homers, 60 RBIs and 29 stolen bases this year at Triple-A Scranton/Wilkes-Barre.

“We just felt it was harder to acquire someone at the level of Devin Williams than it would be to try to figure out the infield circumstances,” Cashman said.

Durbin was with the big league team last spring training

“I think he’s a stud,” Yankees manager Aaron Boone said last month. “Great bat-to-ball, elite ability on the bases as a base stealer, good defender in the middle of the diamond, second base. He’s really started over the last year-plus to create some position flexibility, too. He’s played some short, he’s played some third. We introduced him to some outfield this year.”

Durbin hit .312 with five homers, 21 RBIs and 29 steals in 24 games at the Arizona Fall League.

“We love the style of game that he brings to our team,” Arnold said. “I think that’s going to be a really nice fit with Pat Murphy's style of baseball.”

Cashman said he's spoken with Scott Boras about the agent's remaining free agent clients, who include third baseman Alex Bregman and first baseman Pete Alonso.

“Certainly respect the player and his ability and how much winning he’s been a part of,” Cashman said of Bregman, “but that’s about as far as I will say at this point.”

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This story has been corrected to note New York is sending cash to Milwaukee, not the other way around.

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