Yanks Acquire Chad Gaudin

11:27pm: Peter Abraham of the LoHud Journal reminds us that the Cubs released Gaudin in April, so they're on the hook for all but the pro-rated league minimum.  Surely the Cubs wish they'd non-tendered Gaudin, but perhaps they needed the spring to decide.  – Tim Dierkes

9:31: Kepner tweets that the "plan is for Gaudin to start off in the bullpen."

9:17: Joel Sherman of the New York Post tweets that the Yankees "owe roughly $650K to Gaudin the rest of the year."

9:07: Tyler Kepner of the New York Times is reporting on Twitter that the Yankees have acquired RHP Chad Gaudin from the Padres for a player to be named later.

Gaudin signed a minor league deal with the Padres in April. He is 4-10 this year with a 5.13 ERA, but he is averaging a strikeout per inning and his FIP is at 3.68.

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