The Yankees have acquired Padres third baseman Chase Headley for infielder Yangervis Solarte and pitching prospect Rafael De Paula, the team announced Tuesday afternoon.The Padres also will pay $1 million toward the remainder of Headley's $10.25 million salary this season.

Headley is batting .229 with a .296 on-base percentage and seven home runs in a down season. Headley is eligible for free agency following the season.

The Yankees are likely to plug in Headley, 30, at third base, his typical position. Headley also has significant experience in left field and has played two games at first base. With the health of Mark Teixeira an ongoing concern, that versatility could make Headley a valuable fit.

Headley has spent his entire eight-year career with the Padres and finished fifth in National League MVP voting in 2012 after he hit .286 with a .376 OBP, 31 home runs and a league-leading 115 RBIs. But he slumped to a .250 average and .347 OBP in 2013 before bottoming out this season.

Solarte, 27, had never played in the majors before debuting with the Yankees this season. He became an instant sensation, batting .317 with a .394 OBP through May 22. But he's batted .173 with a .260 OBP since, losing his starting job and eventually earning a brief demotion to the minors. De Paula, 23, had a 4.15 ERA at Single-A advanced Tampa.