The annual non-waiver trade deadline is 4pm ET on Wednesday, so pretty much one day away. The Yankees have already pulled off one pre-deadline deal by acquiring Alfonso Soriano and a bunch of cash from the Cubs for minor league righty Corey Black. They were desperate for a right-handed power bat and the trade has already paid dividends, as Soriano hit a two-run homer and a walk-off single on Sunday.

That move was a good first step, but the Yankees need much more help than that. They need an everyday third baseman — seven different players have combined to hit .217/.276/.288 (55 OPS+) at the hot corner this year — especially since it looks increasingly unlikely Alex Rodriguez will return to the team at some point. A righty platoon bat for Lyle Overbay, a catcher, and maybe even a starting pitcher should be on the trade deadline shopping list as well.

The Yankees haven’t made a notable trade at the deadline since way back in 2006, when they brought in Bobby Abreu. By notable trade, a mean a legitimate above-average player. Someone who didn’t require you to squint your eyes and say “maybe he has something left in the tank.” I don’t know if the team will buck that trend in the next 24 hours or so, but if they were ever going to do it, this would be the perfect time.

We’re going to keep track of the day’s Yankees-related rumors right here in this post, so check back often. All times are ET, obviously. Talk about anything trade deadline related — rumors, crazy hypotheticals, etc. — here as well.

• 10:33pm: Forget about Callaspo, he has reportedly been traded to the Athletics. [Rosenthal]
• 7:16pm: Young has ruled out a trade to the Yankees and the team no longer has interest in Rios. [Andrew Marchand & Buster Olney]
• 6:40pm: The Yankees have interest in Alberto Callaspo and have spoken to the Angels about him. Unclear if talks are serious at all. [Danny Knobler]
• 5:49pm: Mike Morse is very available, but the Yankees and Mariners have not yet had any serious talks. When the Nationals made Morse available over the winter, they wanted Ramon Flores and Jose Ramirez in return. [Sherman & Josh Norris]
• 4:41pm: The Yankees have renewed their interest in Alex Rios. He recently said he would agree to waive his no-trade clause to come to New York after reports to the contrary. [Scott Merkin]
• 3:59pm: With 24 hours to go before the deadline, the Yankees are focused on finding a righty platoon partner for Overbay and perhaps a trade to rid themselves of Joba Chamberlain. I suppose they could accomplish both at once. [Sherman]
• 3:01pm: The Yankees are not completely out on Young at this point, but their chances of landing him are “very limited.” [Heyman]
• 1:50pm: Young will only waive his no-trade clause to return to the Rangers. So much for that idea. [Ken Rosenthal]
• 1:05pm: If Young is indeed being traded soon, the Yankees say it won’t be to them. [Joel Sherman]
• 12:19pm: The Phillies are planning to call up third base prospect Cody Asche, which is a pretty strong indication Young will be traded soon. Not necessarily to the Yankees, mind you. Several other clubs (Red Sox, Rangers, etc.) are said to be interested. [Jeff Passan]
• 12:00pm: The Yankees are still bugging the Giants about Hunter Pence, but there doesn’t appear to be a match at this point. San Francisco plans to make the outfielder a qualifying offer after the season, so any trade return would have to be greater than the value of a supplemental first round pick. [Jon Heyman]
• The team continues to monitor Michael Young, which they’ve been doing for quite some time now. The Phillies recently indicated they are willing to move their third baseman as well as some other players. [Andy Martino]
• Ownership has a “strong desire to reinforce this team and find a way to get in the playoffs,” said Brian Cashman. The Soriano trade is a prime example of that. [Bryan Hoch]