The Yankees are nearing a deal with free-agent LHP Gio Gonzalez, SNY.tv's Andy Martino confirmed.
New York would sign Gonzalez, 33, to a minor-league contract worth $3 million should he reach the majors, according to The Athletic's Ken Rosenthal.
Gonzalez's contract, according to Rosenthal, also contains an opt-out clause for April 20 should he not be on the MLB roster by then and additional incentives for games pitched.
"I think right now," Yankees manager Aaron Boone said, according to Newsday's Erik Boland, "especially being a couple of guys down, to have a guy like (Gonzalez) still available, a luxury to be able to add him just for depth. Excited to have him."
Gonzalez went 10-11 with a 4.21 ERA in 32 starts with the Washington Nationals and Milwaukee Brewers last season.
The Yankees made an offer to Gonzalez over the weekend amid news that RHP Luis Severino would miss at least the first month of the season due to an injury. Fellow starting pitcher CC Sabathia will also likely start the season on the injured list as he looks to return from a heart procedure he underwent in the offseason.
New York expects Masahiro Tanaka to start Opening Day and LHPs James Paxton and J.A. Happ to follow in the rotation.
Yankees GM Brian Cashman said earlier this spring that he thought the Yankees would look in-house for temporary replacements in the rotation, indicating pitchers like Luis Cessa, Jonathan Loaisiga and Domingo German would get an opportunity.
The free-agent market still includes starting pitchers like Dallas Keuchel, James Shields and Yovani Gallardo, among others.