The New York Yankees and Chicago Cubs are nearing an agreement on a trade involving first baseman Anthony Rizzo, according to The Athletic's Ken Rosenthal.

Rizzo, 32 come August, is an impending free agent who has hit .248/.346/.446 (116 OPS+) this season with 14 home runs in 92 games. Rizzo was owed $16.5 million for the season, suggesting the Yankees may look to offset some money either by including a veteran (reports had them open to moving their own first baseman, the injured Luke Voit, to save money), or by enticing the Cubs to eat money by giving them a greater return. 

The Yankees did something similar on Wednesday when they added outfielder Joey Gallo in a six-player trade with the Texas Rangers.