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Trade: Athletics send Jeff Francis and cash to New York Yankees for player to be named later, play telephone.

"No, I said you send me a dollar, not I send you a dollar."

Adam Hunger-USA TODAY Sports

The Oakland Athletics traded Jeff Francis and cash to the New York Yankees for a player to be named later. Jeff Francis was designated for assignment on July 3 to make room for Eric O'Flaherty's activation from the 60-day disabled list.

It was initially believed the A's will receive "Cash Considerations." It was not clear what position Considerations plays, or whether he will have a role on the Athletics in the future.

However, the New York Yankees twitter announced that the cash considerations are going to the Yankees with Jeff Francis in exchange for a player to be named later.

Jane Lee of reports that the A's have corrected their previous statement:

Francis, 33, was claimed off waivers from the Cincinnati Reds on May 18 and served in a long relief role for the Athletics. In 13⅓ innings over nine relief appearances for the Green and Gold, Francis was 0-1 with a 6.08 ERA.

Francis' acquisition leaves one other player on the designated for assignment list, starting pitcher Brad Mills.