UPDATE (Apr. 25, 3 p.m. EDT): The Yankees have announced the trade, and have created a spot for the outfielder on their 40-man roster by transferring Luis Severino to the 60-day injured list.

That would mean Severino could not be activated until late-May at the earliest, though that would have been one of the more optimistic dates for his return.

In order to address their outfield depth issue, the Yankees have acquired outfielder Cameron Maybin from the Cleveland Indians, per YES Network’s Jack Curry. Jon Heyman of Fancred Sports reports it was a cash trade.

Maybin fits in as another depth piece for the Yankees as they attempt to weather a serious storm of injuries. Clint Frazier was just placed on the 10-day injured list with a left ankle sprain, Giancarlo Stanton had to receive a cortisone shot in his left shoulder and Aaron Hicks is still slowly progressing back from a back injury.

Maybin, the 10th overall pick in 2005, spent Spring Training in the San Francisco organization before being released March 22. He was arrested during Spring Training on suspicion of DUI in Scottsdale, Ariz., where the Giants have their camp.

He signed a minor-league deal with Cleveland on March 29, and had been assigned to Triple-A Columbus. With the Clippers, he slashed .216/.388/.275 (94 wRC+) with five RBIs and a stolen base in 14 games. He’s a career .254/.322/.368 (92 wRC+) hitter in parts of 12 big-league seasons.

I guess the plan is to sneak Maybin onto the active roster to fill the roster spot left after the team IL’d Frazier and optioned Jonathan Loáisiga. The Yanks used the IL placement of Frazier to call up Joseph Harvey from Triple-A and there’s no way they’d use a 2-man bench tonight. It’s not exactly clear if there’s someone who can be placed on the 60-day IL or whether the Yanks will have to start DFAing guys. Only time will tell.