According to Ed Price, the Yankees have placed Chad Gaudin on waivers.
The Yankees clearly don’t have room for all five of their fifth-starter candidates. This spring, Gaudin has been the least reliable of the bunch. Plus he’s out of options and is owed $2.95 million, which is more than three times what Sergio Mitre is owed. The other candidates will make a little more than the league minimum.
If Gaudin clears, the Yankees could send him to Triple-A, or they could release him and pay him only a fraction of his salary.