Yankees acquire Jeff Francis from Athletics for cash considerations

The Yankees have acquired left-hander Jeff Francis and cash from the Athletics in exchange for a player to be named later, according to a team announcement. The move was first reported by ESPN.com's Jerry Crasnick.

Francis, 33, was recently designated for assignment by the Athletics to make room on the roster for new additions Jeff Samardzija and Jason Hammel. He has struggled in 18.1 innings for the Reds and A's this season, posting a 5.89 record in 10 appearances (1 starts).

In the wake of the news that Masahiro Tanaka has a partially-torn UCL in his right elbow, the Yankees are expected to pursue arms who could provide rotation depth for the rest of the season. New York acquired Brandon McCarthy in a deal with the D-Backs last weekend, and are now adding Francis to the rotation mix with less than three weeks to go before the trade deadline.

In ten major league seasons with the Rockies (2004-2010, 2012-2013), Royals (2011), Reds (2014) and Athletics (2014), Francis is the owner of a lifetime 70-80 record and 4.95 ERA in 238 appearances (217 starts). He finished ninth in the voting for the NL Cy Young award in 2007, when he finished the season with a 17-9 record and 4.22 ERA.