As the Chicago White Sox look to rebuild and the New York Yankees look to make a run deep into the playoffs, the teams are reportedly nearing a trade that would work well for them both.

As of right now, here’s what the deal looks like:

The Chicago White Sox and New York Yankees are very close on a deal that would send third baseman Todd Frazier and relief pitchers David Robertson and Tommy Kahnle from Chicago to New York, sources have told FanRag Sports.

In return, the White Sox will reportedly get multiple prospects, including Blake Rutherford, the Yankees’ No. 1 pick in 2016. They’ll also get veteran reliever Tyler Clippard.

Frazier is the biggest name in the deal, having hit 40 home runs last year, but Kahnle leads the group in WAR this year, and the White Sox reportedly saw him as the most valuable.

Frazier is a nice power-hitting bat and with Kahnle, the Yankees are improving their already stellar bullpen. Meanwhile, the White Sox seem to have made the right choice and resigned to the fact that they need to build for the future. After trading Jose Quintana to the Cubs, the White Sox now have the best farm system in baseball, with eight of the top 100 prospects in the minors, according to Baseball America.

Ironically, the White Sox, after years of futility, are starting to mimic the Cubs’ approach of tanking and rebuilding through the farm system.

After this trade, the Yankees will be better this year and the White Sox will be better in five years. That’s all either team could ask for.

UPDATE: The trade is official.

About Kevin Trahan

Kevin mostly covers college football and college basketball, with an emphasis on NCAA issues and other legal issues in sports. He is also an incoming law student. He's written for SB Nation, USA Today, VICE Sports, The Guardian and The Wall Street Journal, among others. He is a graduate of Northwestern University.