Yankees aiming to acquire Astros lefty Wandy Rodriguez

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About four hours remain until MLB’s non-waiver trade deadline. And things are really starting to heat up.

According to FOXSports.com’s Ken Rosenthal, the Yankees are “trying for” Astros left-hander Wandy Rodriguez.

The ‘Stros have already parted with outfielders Hunter Pence and Michael Bourn, and are now trying to unload the $28 million or so that is remaining on Rodriguez’s contract.

Wandy has posted a cool 3.47 ERA and 1.295 WHIP in 19 starts this season, fanning 106 batters and walking only 38 in 122 total innings.

He’s owed $10 million next season, $13 million in 2013, and has a $13 million club option (or $2.5 million buyout) for 2014. His 2011 salary is $7 million.

UPDATE, 11:45 AM: According to Joel Sherman of the New York Post, the Astros will have to kick in “big money” in order to pull off a trade. The two sides aren’t “anywhere near a deal” at the moment.

UPDATE, 12:55 PM: FOX Sports’ Jon Paul Morosi reports that a Rodriguez trade is “50-50” to get done before today’s 4 p.m. ET deadline. The Yankees are believed to be his primary suitor.

UPDATE, 2:03 PM: As SI.com’s Jon Heyman notes, Wandy is likely to pass through waivers because of his oversized contract. The Yankees could try again in August if they’re unable to swing a deal today.

UPDATE, 2:54 PM: Sherman says the Yankees’ talks for Wandy are now dead.

Report: Yankees J.A. Happ, closing in on a three-year deal

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UPDATE: Rosenthal is now walking the report back a bit, saying that indications that the Yankees and Happ are close to a deal but that it is not yet done.

10:29 AM: Ken Rosenthal reports that the Yankees and J.A. Happ have come to terms on a three-year deal. The agreement is pending a physical. The financial terms are not yet known.

Happ just turned 36, but he has been effective enough to warrant a three-year commitment. The Yankees know this as well as anyone, having acquired him last year and watched him post a 7-0 record and a 2.69 ERA in 11 starts in New York. For the entire season he was 17-6 with a 3.65 ERA and a K/BB ratio of 193/51 in 177.2 innings between the Yankees and the Blue Jays.

With Happ back in the fold, the Yankees rotation now consists of Luis Severino, James Paxton, Happ, Masahiro Tanaka and CC Sabathia, not necessarily in that order. A good group, assuming it stays healthy.