Matt Smith was traded from the Yankees to the Phillies in a six-player deal.
The 27-year-old Smith didn’t give up a run in 12 innings of relief for the Yankees earlier this season, helping his stock. He’ll likely be an adequate middle reliever or lefty specialist for a few years. The Phillies will probably bring him to the majors right away, as fellow left-handers Arthur Rhodes, Aaron Fultz and Rheal Cormier are all candidates to be traded.