According to Jon Heyman of SI.com, the Yankees have signed Carlos Silva.
Joel Sherman of the New York Post confirms Heyman’s report and adds that it is a minor league deal.
The 31-year-old right-hander posted a 4.22 ERA and an 80/24 K/BB ratio over 21 starts last season, but posted an ugly 10.90 ERA over 17 1/3 innings during spring training. The Cubs cut him loose after he refused a minor league assignment and are responsible for his $11.5 million salary for this season.
The Yankees would only have to pay him the major league minimum if he reaches the majors, so while Silva may have handled his exit from Chicago poorly, it’s worth a shot to create some depth for the starting rotation, especially in light of Phil Hughes’ recent struggles. It’s worth noting that he had success under new Yankees pitching coach Larry Rothschild last season.