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The Pirates will pay between $13-14 million of the $33 million remaining on Burnett's contract, the Daily News reported Friday.
The Yankees signed Burnett after the 2008 season, around the same time they also landed CC Sabathia.
Burnett, 35, owns a career record of 121-111 with a 4.10 earned-run average in 314 games -- 309 starts -- for the Marlins, Blue Jays and Yankees. He threw a no-hitter while with Florida on May 12, 2001.
Moreno, 24, went 2-4 with five saves and a 3.63 ERA in 41 games between Class- A and Double-A ball last season. Cayones, 20, hit .228 with 12 RBI in 38 total games with State College and the GCL Pirates in 2011.
The 39-year-old Ibanez will fill a need for a lefty-swinging designated hitter and will add depth to the team's outfield that will be manned by Brett Gardner, Curtis Granderson and Nick Swisher.
Ibanez appeared in 144 games last season, including 134 in left field, for the Phillies and batted .245 with 20 homers and 84 runs batted in. He spent three seasons in Philadelphia, driving in at least 80 runs each year.
Maryvale, AZ (Sportsbook Betting Lines) - Pitchers Marco Estrada, Mike McClendon and Tim Dillard were among five players the Milwaukee Brewers signed to one-year contracts on Monday. Estrada went 4-8 with a 4.08 earned run average in 43 games, seven of which were starts, for the Brewers last season.
The Brewers also signed pitcher Mark Rogers and catcher Martin Maldonado.
Ramirez played just five games with Tampa Bay last April and suddenly announced his retirement after a second violation of the league's Joint Drug Prevention and Treatment Program. The penalty would have included a 100-game suspension, but he instead chose to hang up his cleats.
In December, Ramirez applied for reinstatement. The Office of the Commissioner and the Players Association then decided that Ramirez must first serve a 50- game suspension.
In 19 seasons with the Indians, Red Sox, Dodgers, White Sox and Rays, Ramirez has batted .312 with 555 home runs and 1,831 RBI. He won World Series titles with Boston in 2004 and 2007, capturing MVP honors in the 2004 sweep of St. Louis.
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Winning Streak Warns San From Antonio
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Points Leaves Bucks Of Orlando
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New Chicago Disable Leaving At Rebounds
Game Half Claim Edge With Gasol >>
Games Sixers Name Smash For Stretch >>
Points West Disable Leaving At Hibbert >>
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