Correa will waive his no-trade clause and the Twins are sending the Astros $30 million of the $96 million guaranteed to Correa over the next three seasons. The Twins will get a prospect in return, left-handed pitcher Matt Mikulski.

Carlos Correa is returning to the Astros, with the veteran waiving his no-trade clause to return to his previous home of seven seasons. Houston also acquired outfielder Jesus Sanchez from the Marlins.

It's Carlos Correa time in Houston once again.The Astros reacquired their former first overall pick from the Minnesota Twins for minor-league left-hander Matt Mikulski and cash, the teams announced Thursday.