Shields was traded from the Yankees to the Rockies on Thursday along with Roc Riggio in exchange for Jake Bird, Jeff Passan of ESPN.com reports.
Shields is a 26-year-old starter who has never pitched in the majors and hasn't pitched at Triple-A since last year, but any dynasty appeal he had is now dashed with the move to Colorado. The 6-foot-4 lefty has a 3.42 ERA, 1.23 WHIP and 26:10 K:BB in 23.2 innings across five starts at Double-A this year.
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Yankees' Ben Shields: Reinstated from IL
Rotowire
Shields (undisclosed) was reinstated from Double-A Somerset's 60-day injured list Saturday.
Shields was placed on the 60-day IL in mid-March due to an undisclosed injury. He made four rehab starts across three minor-league levels and posted a 2.25 ERA, 1.25 WHIP and 16:4 K:BB across 12 innings.
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Yankees' Ben Shields: Nearing return from IL
Rotowire
Shields (undisclosed) was cleared to begin a rehab assignment Monday, per MiLB's transactions log.
Shields was placed on the 60-day injured list March 19 due to an undisclosed injury, so he'll likely need at least a few appearances to get acclimated before returning to Double-A Somerset. He turned in a 3.12 ERA with a 65:21 K:BB across 52.0 innings a season ago with the Patriots.