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The Pirates will pay between $13-14 million of the $33 million remaining on Burnett's contract, the Daily News reported Friday.
The Yankees signed Burnett after the 2008 season, around the same time they also landed CC Sabathia.
Burnett, 35, owns a career record of 121-111 with a 4.10 earned-run average in 314 games -- 309 starts -- for the Marlins, Blue Jays and Yankees. He threw a no-hitter while with Florida on May 12, 2001.
Moreno, 24, went 2-4 with five saves and a 3.63 ERA in 41 games between Class- A and Double-A ball last season. Cayones, 20, hit .228 with 12 RBI in 38 total games with State College and the GCL Pirates in 2011.
Other candidates that were reportedly in the mix were former Yankees Johnny Damon and Hideki Matsui.
The Yankees were able to free up some money to add a bat when they finalized a trade that sent pitcher A.J. Burnett to Pittsburgh.
Maryvale, AZ (Sportsbook Betting Lines) - Pitchers Marco Estrada, Mike McClendon and Tim Dillard were among five players the Milwaukee Brewers signed to one-year contracts on Monday. Estrada went 4-8 with a 4.08 earned run average in 43 games, seven of which were starts, for the Brewers last season.
McClendon compiled a 3-0 record and a 2.63 ERA in nine relief appearances with Milwaukee a year ago, while Dillard had a 1-1 record and matched Estrada with a 4.08 ERA in 24 trips out of the Brewers bullpen in 2011.
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MySportsbook.com favors Bears, Bengals, Chargers and Colts to remain perfect
LAS VEGAS , Sept. 28 - Two big match-ups of undefeated teams have fans salivating at the Week Four schedule in the NFL. The Chicago Bears stifling defense looks to provide a less than hospitable welcome to the Seattle Seahawks on Sunday night in a battle of two 3-0 teams in the NFC conference. In the AFC, the San Diego Chargers (2-0) head to Maryland to face the surprising Baltimore Ravens (3-0) as both try to keep pace atop the conference standings. Betting Lines makers at MySportsbook.com, online sportsbook and casino, have set the Bears as 3.5 point favorites while the Chargers are a 2.5 point bet.
Of the three remaining undefeated teams, only one, New Orleans, enters this week's game as an underdog. Despite an emotional and resounding win over Atlanta on Monday night, the Saints are a 7.5 point underdog against the struggling Carolina Panthers. Indianapolis looks to stay perfect when they face the New York Jets as a 9 point road favorite while the Cincinnati Bengals are a 6 point favorite at home to the New England Patriots.
Six teams enter the week still looking for their first win, with a seventh, Tampa Bay, on a bye week. The prospect of dropping another game would not bode well for a potential playoff run. Since 1990, just three teams -- the 1992 Chargers, 1995 Detroit Lions and 1998 Buffalo Bills -- have overcome losing their first three games of the season to earn a postseason berth. And only the Chargers managed to accomplish the feat after starting 0-4.
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Work left to do: Villanova, Syracuse, DePaul, West Virginia, Providence
Notre Dame and Louisville appear to have done enough to make the move, so we'll make them locks. The Cardinals, despite a modest RPI, are trending way up and have clinched at least a tie for third in the Big East, which should be more than enough with their pair of big road wins. Villanova got back to .500 and gets back to more solid footing. Syracuse got a very important road win and crippled a fellow contender in the process. West Virginia's fate could be in its hands Tuesday at Pitt.
Work left to do:
Villanova [18-9 (7-7), RPI: 21, SOS: 5] Pounded Rutgers to get back to .500. If Cats can get their last two (at UConn, vs. Syracuse), that should be enough with strong computer numbers and a host of wins away from The Pavilion. The Cats have beaten Texas and swept the Big 5 (never easy in Philly), but have a couple of losses to bubble teams (Xavier, Drexel), too. I still think they'll be OK, possibly even at 8-8.
Syracuse [20-8 (9-5), RPI: 53, SOS: 62] History says 10 wins will be plenty, but it might be hard for the Orange to get that last one with a final two vs. G'town, which is trying to win the league title, and at Villanova, which will be desperate for a W. The relative lack of nonconference heft and the weak computer numbers are still concerns, but the Orange have won four in a row and got a very, very big win at Providence on Saturday.
DePaul [16-12 (8-7), RPI: 54, SOS: 18] Beat Cincy and should get past South Florida to get to 9-7, but then what? They have beaten Kansas and Cal (right after the DeVon Hardin injury) earlier this season, but also have lost to Bradley and Purdue, among others. They'll likely need a couple of BE tourney wins, too, but we'll see ...
West Virginia [19-7 (8-6), RPI: 58, SOS: 125] The game at Pitt on Tuesday night could decide the Mountaineers' fate (barring a deep tournament run). They can still get to 9-7 in the Big East without it by beating Cincinnati, but the nine wins would be against UConn, Villanova, St. John's, South Florida, DePaul, Rutgers, Seton Hall twice and the Bearcats. Beating bubble foes is fine, but where's the beef? Outside of beating PG-less UCLA in nonconference play (still a top quality win), there's not a lot to fall back on (besides maybe NC State). WVU vs. Syracuse would be an interesting debate, as the teams don't play in the Big East regular season. WVU has the best win, but Cuse has played the much better schedule.
Providence [17-10 (7-7), RPI: 70, SOS: 33] The Friars likely saw their at-large hopes die at home in the four-point loss to Syracuse, barring an unexpected run to the Big East semis or more. The RPI, bad already, won't be helped by playing St. John's and South Florida in the final two league games.
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