According to Jack Curry of The New York Times, the New York Yankees have traded right-handed pitcher Edwar Ramirez to the Texas Rangers for cash.

Team	Acquires
Yankees	Cash
Rangers	RHP Edwar Ramirez

Ramirez was recently designated for assignment by the Yankees on February 28 to make room for Chan Ho Park Park.

Ramirez, 29 later this month, pitched in 20 games for the Yankees in 2009. He was 0-0 with a 5.73 ERA. You can see Ramirez’s contract history and statistics here.