Marc Carig of the Newark Star-Ledger reports that the Yankees have acquired Derek Lowe.
It makes a lot of sense for the Bombers, coming on the same day that CC Sabathia was placed on the disabled list. Lowe posted an 8-10 record and 5.52 ERA in 21 starts with the Indians before being released earlier this week. He should make his debut in pinstripes at some point soon.