The New York Yankees have acquired right-handed Chad Gaudin from the San Diego Padres for a PTBNL, this according to Tyler Kepner at the New York Times.

Gaudin has primarly been a starter this year for the Padres, but according to Kepner, the Yankees will start Gaudin off in the bullpen. However, odds are in the end Gaudin will put pressure on struggling starter Sergio Mitre who eventually could lose his place in the rotation to Gaudin.

Gaudin's numbers are nothing to write home about this year, and considering he's now shifting to the most prominent offensive division in baseball, I don't imagine they'll get much better.

Regardless of his numbers Gaudin is a very affordable risk for the Yankees. The Yankees are expected to only pay him $650,000 for the remainder the year, says Joel Sherman of the NY Post.

The Yankees spent nearly $500 million in new contracts during the offseason; so don't expect to see the Yankees make any big splashes in the August waiver period. However, I do think they'll still be active, and probably will make a few more small additions such as Gaudin.