1:01pm: Milwaukee has announced the swap, adding that Webb will open his tenure with the organization at Triple-A. The same holds true of Cooper, per the Yankees’ announcement.

12:28pm: The Brewers and Yankees have lined up on a minor deal with potentially significant ramifications, as both teams seemingly met needs while dealing from areas of depth. Per Ken Rosenthal (via Twitter), lefty Tyler Webb is headed to Milwaukee. Minor-league first baseman Garrett Cooper is going in return in the swap, Jeff Passan of Yahoo Sports hinted (via Twitter) and Jon Heyman of Fan Rag confirms (in a tweet).

Webb, 26, will give the Milwaukee pen another southpaw option. He made his MLB debut for New York this year after spending spring camp with the Pirates as a Rule 5 pick. Webb put up 33 1/3 impressive Triple-A innings upon his return to the New York organization, posting 47 strikeouts against just three walks in that span.

The major league sample is quite a small one. Webb has thrown only six innings in seven appearances, allowing three earned runs but only three total base hits. He has struck out five and walked four. Webb only checks in with a low-nineties fastball, but also utilizes a change and slider — to good effect, evidently, at least in the upper minors.

Cooper, who’s also 26 years of age, has enjoyed quite a productive season thus far in the hitter-friendly environs of Colorado Springs. Through 320 plate appearances on the year, he owns a .366/.428/.652 slash with 17 home runs. That’s a big power jump for the former sixth-round pick, who has also drawn 33 walks against just 48 strikeouts on the year.

Clearly, the right-handed hitter offers an alternative to Greg Bird, who’s injury status has left the team in flux at first base. Whether additional trade targets could still also be pursued isn’t immediately clear, but seemingly remains plausible.