Reports: Angels, Yankees talking trade for Vernon Wells.

The Angels and Yankees are discussing a trade that would send Vernon Wells to New York, according to multiple reports Sunday.

Wells, 34, is the Angels’ highest paid player at $49.3 million over the next two seasons. He also has a no-trade clause. John Heyman of CBSSports.com wrote on his Twitter account Sunday that Wells would waive the no-trade clause if the trade being discussed is consummated.

Few teams can consider eating Wells’ salary, but the Yankees have a historically big budget and the need for lineup help. Shortstop Derek Jeter isn’t expected to debut until April 6, Mark Teixeira until June and Alex Rodriguez until after the All-Star break.

Wells is not in the Angels’ lineup today against the San Francisco Giants.

Update, 4:17 p.m.: The deal is not official but Wells hinted that he’ll be in a Yankee uniform soon via Twitter: