Yankees Acquire Derek Lowe

According to Marc Carig's twitter, among other tweets, the Yankees have acquired Derek Lowe off the scrap heap. MLB Trade Rumors is now reporting this too. Now River Avenue Blues is reporting it so this bad dream is now a reality unfortunately.

Apparently the Yankees believe that Derek Lowe throws enough strikes and ground balls to replace CC Sabathia, not David Phelps, for the next two starts.

UPDATE: Joel Sherman, on twitter, is reporting that he was signed because he is willing to pitch out of the pen. David Phelps will in fact be starting Monday in place of CC Sabathia on Monday.

The Yankees will call up Ryoto Igarashi to be in the bullpen tomorrow until Lowe gets here on Monday.