Right-hander Sidney Ponson, who became a free agent when he was released by the St. Louis Cardinals, has reached agreement on a deal with the New York Yankees, ESPN.com has learned.
Ponson, 4-4 with a 5.24 ERA in 14 appearances with St. Louis this season, lost his spot in the rotation when the Cardinals signed Jeff Weaver. Since Ponson cleared waivers Wednesday, the Yankees will be responsible for the pro-rated portion of the minimum salary for the rest of this season. St. Louis will pay the rest of Ponson's $1 million salary.
Ponson helps fill a void at the back end of Joe Torre's rotation. Mike Mussina, 10-3 with a 3.24 ERA, is the only New York starter with an ERA under 4.00.
this can't be the answer the yankees are looking for... can it?
how about from a fantasy perspective? will he play well enough back in the AL East to warrant a roster spot in deeper leagues?

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