4:37pm: Pineda has officially been activated off the 60-day DL and optioned to Triple-A Scranton. Curtis Granderson was transferred to the 60-day DL to clear a 40-man roster spot.
11:22am: Via Donnie Collins: Michael Pineda is scheduled to start for Triple-A Scranton on Thursday, which is a pretty great indication the Yankees will option him down rather than add him to the big league roster when his rehab clock expires tomorrow. This isn’t much of a surprise; he never eclipsed 80 pitches during his rehab assignment and there’s no room for him in the MLB rotation. The good news is that if Pineda stays down for 2-3 weeks, his free agency will be pushed back from 2016 to 2017.