The Yankees signed right-hander Ramon Ortiz, Jon Heyman of CBSSports.com tweets. It's a minor league deal, Marc Carig of the Star-Ledger tweets. The Giants recently released the 39-year-old Praver/Shapiro client.
Ortiz appeared in 22 games for the Cubs last year, posting a 4.86 ERA with 6.8 K/9 and 3.0 BB/9 in 33 1/3 innings. The 11-year MLB veteran also made 16 starts at Triple-A, completing 99 1/3 innings with the Iowa Cubs. The Yankees acquired catcher Chris Stewart from the Giants earlier today.