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Pudge Rodriguez traded to the Yanks...

...for Kyle Farnsworth.

Buster Olney has the scoop:

Rodriguez, who is in the final year of his contract, waived his no-trade clause to join the Yankees, sources told ESPN.com.

"He's hitting over .290 I believe and he's been hot so we're looking forward to having him," Yankees manager Joe Girardi said after New York's 13-3 rout of the Orioles on Wednesday.

Rodriguez is batting .295 this season with five home runs and 32 RBIs in 82 games. In 18 seasons with the Rangers, Marlins and Tigers, he's hit .302 with 293 homers and 1,214 RBIs.

A 14-time All-Star, Rodriguez won the American League MVP award in 1999 and for years was known as the best defensive catcher in the game. He earned Gold Gloves in 13 seasons.

Wow, Cashman is a genius.  A very useful everyday catcher for a reliever no Yankee fan trusts regardless how many good outings he had.

Maybe this further opens the door for another Yankee farmhand later this season?

Now there's no question that I-Rod is not the same player he was in his prime.  But the guy can still play and he's certainly a big upgrade over Jose Molina as the starting catcher.

I-Rod is playing for a contract over the offseason so this is a great situation for him to work his magic as he did with the Marlins in 2003 and the Tigers in 2006.