UPDATE 4:27 PM: Sherman updates that it's $250,000.
UPDATE 4:25 PM: Sherman reports that the Pirates are sending $225,000 to the Yankees as part of the deal. That will probably come out of the $11.5 M the Yankees are sending the Pirates for A.J. Burnett.
UPDATE 4:11 PM: Qualls is under team control through the end of the year. He's making $1.15 M this year, and not having a good year. In 38.2 innings he has a 4.89 ERA between the Yankees and Phillies. He also has a 4.9 K/9 and a 2.8 BB/9 ratio. McGehee hasn't exactly been tearing it up, and he's expendable with the addition of Gaby Sanchez, so dealing him isn't a big loss. But it's hard to see the appeal with Qualls, unless the Pirates are hoping his third stop this year will allow him to rediscover his numbers in 2011 and pre-2010.
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Tim is the owner and editor in chief of Pirates Prospects. He started the site in January 2009, and turned it into his full time job during the 2011 season. Prior to starting Pirates Prospects, Tim worked with AccuScore.com, providing MLB, NHL, and NFL coverage to various national media outlets, including ESPN Insider, USA Today, Yahoo Sports, and the Wall Street Journal. He also writes the annual Prospect Guide, which is sold through the site. Tim lives in Bradenton, where he provides live coverage all year of Spring Training, mini camp, instructs, the Bradenton Marauders, and the GCL Pirates.