NEW YORK — The New York Yankees added another arm for
the stretch run, getting right-hander Chad Gaudin from the San Diego Padres on
Thursday night for a player to be named or cash considerations.

The Yankees announced the trade during their 13-6 victory
over Boston.

The 26-year-old Gaudin is 4-10 with a 5.13 ERA in 20
games for the Padres, including 19 starts.

"I love to win and that's what [the Yankees] do," Gaudin
said. "I'm going to go there and help them win as many games as I can."

Gaudin did especially well in late July, giving up three
earned runs or less in five straight starts. It was not certain when Gaudin
would join his new team, having gone from last place in the NL West to first
place in the AL East.

"He's a guy who could relieve, spot start, do a lot of
things for us," Yankees manager Joe Girardi said.

Gaudin became expendable for the Padres, who have
acquired seven young pitchers in two recent deals with Oakland and the Chicago
White Sox.

"We have some more options and we will continue to give
young players opportunities," San Diego manager Kevin Towers said. "Gaudin did a
nice job when we were in a jam earlier in the year and he gave us some very good
starts. It gives him an opportunity with one of the best teams in baseball right
now and to wear the pinstripes."

Gaudin could fill a couple of roles for the Yankees,
either in long relief or as the No. 5 starter. Sergio Mitre has been shaky since
becoming the fifth starter after the All-Star break.

Gaudin is 32-35 lifetime with two saves and a 4.58 ERA
with Tampa Bay, Toronto, Oakland, the Chicago Cubs and San Diego since 2003.

Towers said the Padres have until Sept. 1 to decide on
selecting a player from the Yankees organization or cash.