Yankees to sign Ike Davis

Update (2:47 PM): The Yankees have agreed to terms with Ike Davis on a major league deal, per Jon Heyman. The team envisions Davis as a platoon partner for Rob Refsnyder at first base. That came together quickly.

(2:23 PM): According to Mark Feinsand of the New York Daily News, the New York Yankees are on the verge of signing first baseman Ike Davis. Davis, 29, was released by the Texas Rangers early this morning. He hit .268/.350/.437 (111 wRC+) with four home runs this season at their Triple-A affiliate. Last season he swatted .229/.301/.350 (83 wRC+) with three home runs for the Oakland Athletics, in limited playing time. Power is Davis's calling card. During the 2012 season with the Mets he put up a .227/.308/.462 (112 wRC+) with 32 home runs.

The Yankees have been plagued with injuries at first base this season. They have already lost Mark Teixeira, Greg Bird, Dustin Ackley, and Chris Parmelee. Rob Refsynder is currently the starting first baseman, a position he only began to play within the last month. Austin Romine is doubling as the backup catcher and first baseman, which is less than ideal. The Yankees have Nick Swisher playing first at Triple-A, but he has yet to force the issue with his bat. The Yankees need all the help they can get at first base right now.

While the deal is not done yet, it appears imminent. According to Ken Davidoff, the Yankees could send Davis to Triple-A prior to a call up. Remember the Yankees were interested in signing Davis back in February, shortly after the news of the Greg Bird injury broke. Looks like the Yankees will get their man, just four months later.

The details are still unfolding, stay tuned for more. Developing!