1 year deal after spending last year with the Giants AAA team posting a 4.21 ERA and 41 Ks in 51+ innings http://newyork.cbslocal.com/2014/11/12/yankees-agree-to-1-year-deal-with-left-hander-jose-de-paula/
...basically a minor league deal...he has to make it to the majors in order to make $500K next year...otherwise, he gets $175K.
Wow, I log on to see that this is the deal the Yankees made. Minor league pitching fodder. Let's hope Hal opens his wallet a little bit more. They can't even hire a coaching staff let alone a top free agent.