This isn't exactly shocking news, but Buster Olney reports that Kei Igawa has been pulled off waivers after the Yanks and Padres couldn't come to an agreement on a deal before the 2pm EST deadline today.
Igawa will continue to pitch for Scranton indefinitely and will likely be almost as ineffective against Triple-A hitters as he was earlier in the season facing big league hitters.
I guess $46M doesn't buy what it used to.