Update: The AP has picked up the story so we do have confirmation on the trade. CBS Sportsline's Scott Miller reports the Yankees will get Kevin Howard, a Double-A second baseman who played in Chattanooga last season. This is what Baseball America had to say about Howard.

Howard has the biggest buzz coming into this year's draft after having a brilliant season in the Arizona Fall League. A fifth-round pick in 2002 out of Miami, Howard won the AFL batting title, hitting .409-3-16 in 88 at-bats. But perhaps his strongest asset was proving himself to be an adequate defender at third base. Howard played third in college, but played primarily second base since turning pro. He's a patient lefthanded hitter with a line-drive stroke, and has shown improved power. Some scouts in the AFL liked him better at third, and Howard could be solid at either spot making him the best overall position player available in the draft. Dan Uggla (Diamondbacks) is another utility player who dramatically upped his stock in the AFL, but Howard's lefthanded bat, which could be valuable off a big league bench, gives him the edge.

It looks like the Yanks will be also be recieving Ben Himes and sending $900k to the Reds.

As of right now, there doesn't seem to be a lot of details but Newsday is reporting that Tony Womack has been dealt to the Cincinati Reds. No news as of yet on who the Reds have thrown in to even out the deal. If it's the ever elusive Mr. PTBNL (Player To Be Named Later), we might not know for a little bit longer. Nevertheless, whoever we get back, I look at this as a plus trade since Womack hasn't contributed much to the Yankee roster since the call up of Robinson Cano.