Phillips DFA'ed
The Yankees have officially announced Jose Molina's contract (2 years/$4 million) and to make room for him they designated Andy Phillips for assignment. Phillips didn't have a role on this team in 2008, Duncan and Betemit have passed him, so it makes sense.
The Yankees still have Rivera and Rodriguez to announce which will require two more subtractions from the 40-man, unless of course they send Cabrera and Hughes to Minnesota, in which case it will only be one.