From Pete A.'s LoHud Yankees Blog, it looks like the Johnson deal is (finally) done. If these really are the players involved, this deal worked out completely differently than most of the Yankee fandom expected.

The Yankees would get:
* RHP Luis Vizcaino (reliable reliever for the Diamondbacks last season)
* RHP Ross Ohlendorf (Princeton product and high-ceiling prospect)
* RHP Stephen Jackson (8-11, 2.65 in Class AA, rocked a bit in the Arizona Fall League)
* SS Alberto Gonzalez (40-man roster player, good glove)

Ohlendorf is a (very smart - 1580 SAT if I remember correctly) 24 year old pitching prospect who gives up hits but seems to have good control. I don't know much about Jackson but looking at his pitching line so far, it looks like he figured something out last year. Hopefully, he can maintain whatever it is that he learned last year. Gonzalez seems like a no-hit shortstop, though he did put up a .750 OPS line at AA last year. Hopefully, he's a good defender. Vizcaino is a soon to be 33-year old right handed reliever. It's not the Micah Owings/Dustin Nippert/Chris Carter combo that had been bandied about often over the last week but it is something. I'll post something a little later on why I think the loss of Johnson won't be as big as some people seem to think it will be. Still, until then - any thoughts on this value received here?

Update: It looks like the Yanks will be putting up $2MM of the 2007 salary and that Arizona has until 4 p.m. Sunday to sign Johnson to an extension.

Update: Scout.com's profile has the following to say about each of the prospects mentioned. Jackson and Gonzalez were probably the least mentioned over the last couple of weeks so here's a brief cut. "Another college pitcher who jumps straight to Double-A after spending last year in Lo-A South Bend, Jackson is a pure power pitcher who has a devastating slider" and "Gonzalez, and his incredible defense...started hitting last season, and his continued development will be something to watch". I would also recommend this article from Scout.com that mentions Ohlendorf and the work he's put in on his curveball.