Pineda underwent surgery last May to repair a torn labrum, and he has yet to throw a pitch for the Yankees after coming over from the Mariners for Jesus Montero as part of a January 2012 trade.
As a rookie with Seattle in 2011, Pineda went 9-10 with a 3.74 ERA, finishing fifth in the American League Rookie of the Year Award voting.
"I'm happy so far that he's healthy," Cashman told the Star-Ledger. "But he's obviously got a ways to go. We'll see. But so far so good."
AJ Cassavell is a reporter for MLB.com. Follow him on Twitter @ajcassavell. This story was not subject to the approval of Major League Baseball or its clubs.