Vernon Wells is officially a Yankee …

Vernon WellsVernon Wells’ two-year stint with the Angels officially came to an end on Tuesday, when the 34-year-old outfielder passed his physical and suited up for the Yankees.

In exchange, the Angels received two low-level prospects in outfielder Exicardo Cayones and lefty Kramer Sneed – but that was little more than a formality.

The real prize is the money they’ll save.

The Yankees are picking up $13.9 million of the $42 million owed to Wells over the final two seasons of his contract. It’s more than expected for a guy who has posted a .222/.258/.409 slash line in 208 games the last two seasons and was the fifth outfielder in the Angels’ depth chart – behind Mike Trout, Josh Hamilton, Peter Bourjos and designated hitter Mark Trumbo.

But there’s a caveat for both teams.

Prior to the trade, the Angels’ payroll was at about $160 million, but their Competitive Balance Tax payroll – which takes into account the average annual value of all 40-man roster salaries, plus benefits and performance bonuses at the end of the season – was $178 million, the threshold at which first-time offenders are taxed 17.5 percent by Major League Baseball.

For Wells, the Yankees will pay $11.5 million of the $21 million owed to Wells in 2013 and $2.4 million of the $21 million he’s owed in 2014. New York is paying more on the front end because World Baseball Classic officials are paying for Mark Teixeira’s contract while he’s on the disabled list – about $6 million if he returns by mid-May – and because their goal is to get under the CBT threshold in 2014, not 2013.

Wells suited up for the Yankees for their Tuesday night game against the Astros in Tampa, Fla, batting sixth, playing left field and wearing No. 56 (his customary No. 10 belongs to Phil Rizzuto and has already been retired).

“I got goosebumps driving down the road a couple hours after they told me about the trade,” Wells said. “I started thinking about the roll call. I won’t be the guy that gets picked on by the bleachers this time, even though I enjoyed it. Now it’s going to be a little bit different hearing my name and being in pinstripes. It gives me chills now.”

Wells figures to get plenty of playing time in New York, at least early on. Curtis Granderson is not expected to play until early May because of a fractured right forearm and Juan Rivera, considered a leading candidate for the right-handed outfield job, might be the regular first baseman with Teixeira out with a strained right forearm.

The Angels, meanwhile, are left with a thinner bench. But also some much-needed wiggle room.

Asked if he received any advice from former manager Mike Scioscia, Wells responded: “He said, ‘You’re in a good place right now from a baseball standpoint.’ I think he noticed the changes that I made. He said, ‘Just keep doing the things you’ve been doing the past three weeks and have fun with it.’ I told him, ‘That’s fine, I’m just going to try to [Mike] Napoli you guys when I play you.’ I don’t know if you all saw Napoli’s numbers against the Angels, but they were pretty ugly. I’ll just try to do the same thing.”

Thanks to Bryan Hoch for passing along the Wells quotes.

Alden

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