The Yankees signed first baseman Lyle Overbay to a minor league contract on Tuesday. He was released hours earlier by the American League East-rival Red Sox.
Wells’ trade to the Yankees was finalized on Tuesday, when New York dealt a pair of minor leaguers to the Angels: outfielder Exicardo Cayones and left-hander Kramer Sneed.
The Pirates believe that Yankees’ castoff A.J. Burnett can find success in Pittsburgh, away from the pressures of New York.