Word coming now about the Yanks avoiding arbitration with Chien-Ming Wang. They have agreed to a one year deal at the pay rate of $5 million. Not much to say except that its good for the Yanks relationship with Wang that they avoid the messy process of arbitration hearings like they had last year. Those can only make future contract negotiations more difficult to work out.
Wang was 8-2 last year with a 4.07 ERA. He has been the anchor of the staff since 2006 and when he went down last year it pretty much killed the Yanks rotation. He is kinda being forgotten about during this whole CC and A.J. mess, but he is a huge factor in the Yankees 2009 plans. If he can bounce back to be his reliable economic old-self, then the Yanks rotation will be formidable and it will take pressure off of Joba and the youngsters to eat innings.
Barring any major injury the Yanks will probably look to lock him up for a longer deal after the season. Something that will be economical and team friendly. Though, nothing is stopping Wang from looking to his left and right and wanting the same deal as the guy who weighs 300 pounds and the guy with his arm in a sling.