2:21pm: According to MLB.com's Noah Coslov, the Yankees will receive right-handed reliever Romulo Sanchez. The 25-year-old was one of the Pirates' first cuts this spring. As of Friday, he had a 4.38 ERA and 15/5 K/BB ratio in 12 1/3 innings for Triple-A Indianapolis.
1:17pm: According to the Pittsburgh Post-Gazette's Dejan Kovacevic, the Pirates have acquired minor league right-hander Eric Hacker from the Yankees. It's not yet clear who, or what, the Yanks were given in return.
Hacker, 26, was designated for assignment by the Yankees last Saturday. He posted a 2.43 ERA and a 115/37 K/BB ratio in 144 1/3 innings last season between Single-A Tampa and Double-A Trenton. He was tried at Triple-A Scranton/Wilkes-Barre this season and had a disappointing 7.88 ERA in three starts, prompting his departure.