From ESPN: https://www.espn.com/mlb/story/_/id/...d-sent-yankees
There has been a belief that with so many powerful position players now being added to the Yankees' lineup, perhaps Frazier will become an important piece for New York to dangle in trade talks. He had been assured in past years that despite the previous rampant speculation about his role with the organization, he wasn't on the trading block.
But now, with the Yankees in such desperate need of starting pitching, that might not be the case.