Mariners, Yankees Swap Pineda For Montero

"The Mariners needed hitting, the Yankees needed pitching. The two teams addressed each other's needs in a blockbuster trade of young stars, as right-handers Michael Pineda and Jose Campos will go to the Bronx in exchange for catcher/DH Jesus Montero and righty Hector Noesi.
Montero was very nearly a Mariner in July 2010, as he headlined a prospect package the Yankees were ready to send to Seattle for Cliff Lee. The M's, however, pulled out of that trade and ended up dealing Lee to the Rangers. Yankees management was reportedly upset that the Mariners pulled out of the deal at the last minute, but whatever hard feelings existed between the two clubs clearly weren't enough to keep them from doing business 18 months later.
Jon Heyman of CBSSports.com was the first to announce the principles in the trade, with MLB.com's Greg Johns adding Campos and Noesi's involvement. ESPN's Jerry Crasnick first heard of a "significant trade" involving a "young impact hitter" coming to the Mariners earlier today, and Larry Stone of the Seattle Times was the first to cite Pineda and Montero in the deal, as he had heard "rumblings in that direction."