The Rockies traded right-handed reliever Chris Martin to the New York Yankees Tuesday in exchange for cash considerations.

Martin, 28, was no longer in the Rockies plans. He was designated for assignment last week when the Rockies needed to create room on their 40-man roster after signing catcher Nick Hundley.

Martin made 16 appearances last season for the Rockies, posting a 6.89 ERA in 15 ⅔ . He pitched in 25 games at Triple-A, with a 4.39 ERA.

Martin has options remaining, and though he will battle for a job in spring training with the Yankees, he could well end up pitching in the minors.

Patrick Saunders: psaunders@denverpost.com or twitter.com/psaundersdp