Report: Yankees acquire RHP Brown from Dodgers for Weaver
The report comes hours after Pettitte, the only starting pitcher on each of the Yankees' last four World Series championship teams, left New York and signed as a free agent with the Houston Astros.
A Yankees spokesman said no trade has been completed.
Newsday reported that the completion of the trade depends on all players involved passing physical exams and that the Yankees also will send $3 million to the Dodgers.
Brown will make $15 million next season while Weaver is set to be paid $9.25 million. According to the report, the Yankees will pay the Dodgers $1.5 million a year for the length of Weaver's contract.
Brown has a no-trade clause but has expressed interest in playing for New York and said he would approve a trade to the Yankees.
The 38-year-old was 14-9 with a 2.39 ERA in 32 games last season. He owns a 197-131 record and 3.16 ERA in a career that includes stints with Texas, Baltimore, Florida and San Diego.
The trade of Brown would provide some needed salary relief for the Dodgers, who could use the extra money to acquire some offensive help.
With Pettitte gone, the Yankees were desperate to replenish a rotation that already has lost Roger Clemens to retirement. Brown would join a rotation that features Mike Mussina, Javier Vazquez and Jose Contreras.
Weaver never fulfilled his after he was acquired from the Detroit Tigers as part of a three-team trade during the 2002 season. The 27-year-old was 7-9 with a 5.99 ERA in 2003 and fell out of favor with manager Joe Torre.
Weaver is 51-63 lifetime with a 4.59 ERA.
This story is from ESPN.com's automated news wire. Wire index