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Yankees sign top pick Clarke Schmidt at bargain rate

NEW YORK -- The Yankees found a way to get a first-round draft pick under contract for a lot less than the going rate ...

All they had to do was roll the dice by drafting a pitcher who is early into recovering from Tommy John surgery.

Yanks dump Carter, summon in Austin | What we learned

Here's why the Yankees cut the cord on Chris Carter after Friday night's game and what's up with new first baseman Tyler Austin.

Right-hander Clarke Schmidt signed on Saturday, the club announced in the ninth inning of the Yankees' 8-1 loss to the Texas Rangers.