12:05pm: Andy Martino of the New York Daily News hears (Twitter link) that one or two minor leaguers will be heading to the Padres, neither of whom are considered “top guys.”

12:01pm: The Yankees are in the process of finalizing a deal to acquire Chase Headley from the Padres, reports Jack Curry of the YES Network (on Twitter).

Headley, a lifetime member of the Padres, is hitting just .229/.296/.355 with seven homers this season, though he’s playing outstanding defense at third base, per both UZR/150 (+19.7) and Defensive Runs Saved (+7). Headley is earning $10.53MM in 2014 and is eligible for free agency following the season.