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.
#Athletics trade LHP Jeff Francis to the New York Yankees for cash considerations.— Oakland Athletics (@Athletics) July 11, 2014
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.
#Yankees acquire LHP Jeff Francis and cash considerations from Athletics in exchange for PTBNL.— New York Yankees (@Yankees) July 11, 2014
Jane Lee of mlb.com reports that the A's have corrected their previous statement:
A's release a correction to previous statement. They've traded Francis and cash to the Yankees for a player to be named later.— Jane Lee (@JaneMLB) July 11, 2014
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.