Per internets
6:16pm: New York will acquire righty Lance Lynnin the deal, Joel Sherman of the New York Post tweets. Minor-league right-hander Luis Rijo also goes to Minnesota, Heyman tweets.
The Twins will also send some cash in the swap, Sherman reports on Twitter. Lynn is earning $12MM this year, around $4MM of which remains to be paid. The sides will split the paychecks from this point forward, per Heyman, via Twitter.
6:14pm: The Twins and Yankees have agreed to a trade that will send first baseman/outfielder Tyler Austin to Minnesota, per Jon Heyman of Fancred (Twitter link). Other elements of the agreement remain unreported at this time.