The earthquake, which measured a 7.0 on the Richter scale, struck on Tuesday, and the International Red Cross says a third of Haiti's 9 million people may need emergency aid. There is still no official death count, but President Rene Preval said he believes the death toll is in the thousands.
"The catastrophic event has devastated an entire nation and will have far-reaching effects in the worldwide Haitian community," the Yankees said in a statement. "The Yankees hope their donation will inspire people throughout the United States to do everything they can to aid the people of Haiti in their time of need."
Rhett Bollinger is a reporter for MLB.com. This story was not subject to the approval of Major League Baseball or its clubs.