The Cincinnati Reds and New York Yankees are nearing a trade centered around Sonny Gray, according to multiple reports.

The Yankees would reportedly get a draft pick and infield prospect Shed Long in the deal.

Cincinnati is working on a contract extension with Gray.

Gray avoided arbitration by agreeing to a one-year, $7.5 million contract with the Yankees last week. He will be eligible for free agency after the 2019 season.