Sanchez is well positioned to be the Yankees' backup catcher in 2016 after John Ryan Murphy was traded to the Twins in exchange for Aaron Hicks on Wednesday.
Sanchez has 20-plus homer upside and the arm to stick behind the plate, so if something were to happen to Brian McCann, he could be useful in most formats. The Yankees may opt to keep Sanchez at Triple-A so that he can get regular at-bats, but he should be seen as the No. 2 catcher on the organizational depth chart at this point.