The Yankees will receive Casey McGehee from the Pirates in exchange for Chad Qualls. McGehee can help fill in at third base for the Yankees while Alex Rodriguez recovers from a broken hand. McGehee became expendable following Pittsburgh's acquisition of Gaby Sanchez from Miami.

The Rangers have acquired Ryan Dempster to improve their starting rotation. Texas and Chicago agreed to the deal just before Tuesday afternoon's deadline. The Braves and Dodgers were favored at points. Dempster approved the last-minute deal. The Rangers originally selected Dempster in the third round of the 1995 First-Year Player Draft. The Cubs will acquire to Class A players in the deal.

The Reds have acquired Jonathan Broxton from the Royals, according to a source. Cincinnati already owns one of the best bullpens in the National League.

The Cubs decided not to trade Alfonso Soriano before the non-waiver deadline on Tuesday afternoon, according to a report. However, Soriano would easily clear waivers and Chicago could move him in August.

The Reds won't acquire Denard Span from the Twins ahead of the trade deadline, according to a report. Cincinnati has been searching for a leadoff hitter.

The Tigers and Cubs are hard working on a trade for Alfonso Soriano with the minutes ticking away before the non-waiver trade deadline, according to a source. The two sides are not sure they can make the financial aspect of the trade work.

The Pirates agreed to a trade for Gaby Sanchez from the Marlins, according to a source. Pittsburgh will send outfielder Gorkys Hernandez and a competitive-balance pick to Miami. It is being reported that the Pirates also obtained right-handed reliever Kyle Kaminska in the deal.

The Red Sox will acquire reliever Craig Breslow from the Diamondbacks, a source has confirmed. The Angels were also looking at Breslow. Boston will send Matt Albers and Scott Podsednik to Arizona to complete the trade.

The Reds are talking to the Twins about a trade for Denard Span, according to sources. Cincinnati wanted to acquire Shane Victorino, but the Phillies dealt him to the Dodgers. The Reds are searching for a leadoff hitter and it remains to be seen if Minnesota is willing to deal Span. Span is hitting .290/.356/.396 with three homers, 32 RBI and 11 steals in 94 games. He is signed through the 2014 season, with a club option for 2015.

Ryan Dempster has informed the Cubs that he would approve a trade to the Yankees, according to a source. Chicago has been trying to send Dempster to the Dodgers, but no agreement has been reached. The Cubs have said that New York is interested in Dempster. It has been reported by Bruce Levine of ESPN.com that Dempster would also approve a trade to the Rangers.