The Yankees have acquired infielder Chris Nelson from the Rockies for cash considerations. Francisco Cervelli will be moved to the 60-day DL to make room for Nelson. To make room for him on the 25-man roster will require a bit more movement, and it'll likely come with optioning Corban Joseph, though Ben Francisco could always be DFA'd.
I wrote about Nelson on Monday, but to sum things up, he's a right-handed bat that they can stick at second base, short stop, and third base. He's played primarily third, but was drafted 9th overall in 2004 as a short stop, and has enough experience there to fake it. Over his career, he's OPS'd .738, which while strong for a middle infielder, isn't particularly impressive when he's playing half his games at Coors Field. That said, there are some interesting splits I included in my piece on Monday that indicate that he's seen poor numbers due to small sample size.
Nelson was always a strong player in the minor leagues, and the Yankees tried to acquire him as recently as this offseason. It'll be interesting to see how he preforms in a new ballpark and under the eye of Kevin Long.