Looks like nothing got done last night. The Yankees can't really afford to give up both Hughes and Kennedy.
And the other proposal I have been hearing: Hughes, Melky, Horne, and Jackson, really shouldn't be made either. The Yanks can't trade Melky and then lose the guy who is supposed to replace him a year or two down the line. Horne was the top pitcher in AA last year. I don't know, those are some tough pills to swallow considering the contract that would have to be handed out afterwards.