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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