The Reds traded Joey Votto 1b to the Yankees for Joba Chamberlain and prospects. That makes room for Yonder Alonso to make the roster and gives us a live arm.
Joba was set to work out of the bullpen for the Yanks. He will compete for a spot in our starting rotation.
Votto will take over first base for the Yanks and move Mark Teixeira will DH.