The Yankees were finalizing a trade of Sonny Gray to the Reds on Saturday, reported Jon Heyman of FanCred, but the deal has not yet become official.
The Athletic's Ken Rosenthal noted Sunday that one potential delay in the deal being completed could be that the Reds are trying to sign Gray to an extension first.
Gray and the Reds have until the end of the day Monday to agree to an extension, according to Heyman. Should they not reach an agreement, it is possible the Yankees could negotiate with other teams, as Heyman notes the Giants, A's, Brewers and Braves could be in the mix.
If the trade gets done, the Yanks will be getting infield prospect Shed Long, a draft pick, and potentially one other "lesser" piece from the Reds, according to Heyman.
Long is the seventh-ranked prospects in the Reds' farm system.