The Yankees traded for Rockies righty Chris Martin

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Jack Curry of the YES Network reports that the Yankees have acquired righty Chris Martin from the Rockies, who had DFA’d him.

Martin is 28. He has only pitched 16 games in the bigs, all of which came last year. His ERA was sky high but his peripherals were much better than that ERA suggests. He achieved much better results in the minors with similar strikeout, walk and groundball rates, so there is reason to think he can be better than what he showed in that small sample size in Denver. He’s also 6’8″ and can crank it up in the mid-90s, and that’s pretty intriguing.

Why the Rockies DFA’d him is unclear. He has options left. But not he’ll serve as depth — and as a project — for the Yankees.