From Rotoworld
Yankees signed first baseman Carlos Pena to a minor league contract.
The Reds were crazy not to sign Pena and make him their starting first baseman immediately, and there were other teams that should have offered to bring him to the majors right away. The Yankees will assign him to Triple-A Columbus initially and could give him Andy Phillips' job in a few weeks. Since he could end up being a regular against right-handers at some point, he remains worthy of a bench spot in AL-only leagues.