UPDATE: The Yankees sign Kevin Millwood

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UPDATE: The deal, she is done, and it’s a minor league deal as Heyman reported last night.  I presume this will lead to a lot of chatter, but really, he’s not going to be a factor any time soon. He hasn’t pitched all spring and the season starts in less than a week.  It’s a depth move — potentially a smart one, depending on how he looks after he’s in baseball shape — but for not it’s of little consequence.

Thursday, 11:49 PM: From Jon Heyman of SI.com comes word that the Yankees are close to signing right-hander Kevin Millwood to a minor league contract.

Millwood, 36, had been holding out for a guaranteed big league roster spot, but it never came and spring training is now nearing it’s wrap-up stage.

Heyman says the contract is “incentive-laden,” meaning it is packed with around a million (or two) in performances-based bonuses. Those probably won’t click in, of course, if he’s not on the major league roster. And the Yanks are almost certain to send him to Triple-A Scranton/Wilkes-Barre initially.

Millwood is durable but he posted a 5.10 ERA in 31 starts last year for Baltimore, netting only four wins (if wins are your thing). We’ll call him insurance in case both Bartolo Colon and Freddy Garcia go down with injuries. That’s not completely out of the realm of possibility.

Video: Todd Frazier hits into a triple play in his first at-bat at Yankee Stadium

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Newly acquired third baseman Todd Frazier spent his first five games with the Yankees on the road, playing once in Minnesota and four games in Seattle. He was set to take his first at-bat as a Yankee at Yankee Stadium on Tuesday night against the Reds. Unfortunately, things didn’t quite go how he likely expected them.

The Yankees quickly loaded the bases on consecutive singles from Matt Holliday, Didi Gregorius, and Chase Headley to lead off the bottom of the second inning. That brought up Frazier in his first at-bat at Yankee Stadium. He got ahead in the count 3-1 against Luis Castillo before hitting a sharp grounder to shortstop Jose Peraza. Gregorius went back to second base because he thought the ball had a chance to be caught on a line. Peraza stepped on the second base bag, then fired to first base for the double play. Votto then threw across the diamond to Eugenio Suarez at third base, catching Gregorius out in no man’s land. Holliday scored in the meantime, breaking a 0-0 tie, but Gregorius was eventually called out for running out of the base line in a run down.

Frazier entered the evening with just two hits (both singles) and one walk in 18 plate appearances as a Yankee.

Report: Brewers to acquire Anthony Swarzak from the White Sox

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Jon Heyman of FanRag Sports reports that the Brewers have agreed to a deal with the White Sox for reliever Anthony Swarzak. The White Sox will receive 3B/OF Ryan Cordell in return.

It’s no secret that the 53-48 first-place Brewers are on the hunt for relief help. While closer Corey Knebel has been great, the Brewers have been shaky leading up to the ninth inning as Carlos Torres owns a 4.65 ERA and Oliver Drake 5.05.

Swarzak, 31, has posted a 2.23 ERA with a 52/13 K/BB ratio in 48 1/3 innings this season. He can become a free agent after the season.

Cordell, 25, hit .284/.349/.506 with 10 home runs and 45 RBI in 292 plate appearances at Triple-A Colorado Springs. He’s the Brewers’ No. 17 prospect, according to MLB Pipeline.