Brian Cashman: CC Sabathia dealing with “degenerative changes” in his right knee

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Following Saturday’s start against the Brewers in which he allowed four runs in 5 1/3 innings, Yankees starter CC Sabathia landed on the disabled list due to fluid build-up in his right knee, which required draining.

Per Meredith Marakovits of the YES Network, Yankees GM Brian Cashman says that Sabathia is dealing with “degenerative changes” in his knee, adding that the left-hander will receive a cortisone shot with stem cells on Thursday and that there is no timetable for his return.

Marakovits added, for perspective:

Over eight starts spanning 46 innings, Sabathia has a 5.28 ERA with a 48/10 K/BB ratio. He has allowed a whopping 58 hits, though, and ten of them are home runs.

Report: Rockies close to signing Bryan Shaw

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Joel Sherman of the New York Post reports that the Rockies are close to an agreement with free agent reliever Bryan Shaw. According to ESPN’s Buster Olney, Shaw’s deal is for three years and will guarantee about $9 million per year.

Shaw, 30, has spent the last five seasons in the Indians’ bullpen. Over that span of time, mostly setting up for closer Cody Allen, Shaw put up an aggregate 3.11 ERA with a 333/119 K/BB ratio in 358 2/3 innings.

The Rockies have been in hot pursuit of bullpen help after losing Greg Holland and Pat Neshek to free agency. Shaw would certainly represent a significant improvement in the bullpen.