NEW YORK -- The Yankees announced that they have finalized their agreement with infielder Miguel Cairo on Friday.

In order to create room on the Yankees' 40-man roster, right-handed pitcher Matt DeSalvo was designated for assignment.

The Yankees came to terms with Cairo, 32, on the terms of a one-year, $750,000 contract earlier this month, but had not added him to the roster pending the completion of a physical and other items.

Cairo played five different positions for the Yankees in 2006, including all four infield positions. He batted .239 with no home runs, 30 RBIs and 13 stolen bases in 81 games last season.

It will be Cairo's third season with the Yankees, having been on the roster in 2004 before detouring across town to the Mets in 2005.

He played the majority of his games at second base in 2006, appearing in 45 games. He made 36 starts, helping fill a void in the Yankees' infield when Robinson Cano missed more than a month with a left hamstring injury.

Cairo made 10 starts at shortstop, six at first base, four at third base and one in the outfield.

A lifetime .268 hitter with the Yankees, Mets, Blue Jays, Cubs and Devil Rays, Cairo spent a month on the disabled list with a pulled hamstring from Aug. 6-Sept. 11.

DeSalvo, 26, split last year between Double-A Trenton and Triple-A Columbus. Originally signed by the Yankees as a non-drafted free agent in May 2003, DeSalvo was 5-4 with a 5.77 ERA in 16 starts at Trenton and finished the year at Columbus, going 1-6 with a 7.68 ERA in 11 games (eight starts).

DeSalvo has a career record of 28-23 and a 3.63 ERA in 83 Minor League games.
Always good to have a guy who can play every position around.