Per both Hal McCoy and MLB Trade Rumors, the Cincinnati Reds have agreed in principal on a one-year deal with an invitation to Spring Training with Chien-Ming Wang.
If Wang is somehow able to make the Major League roster, his salary will be $1.25 million with the chance to increase with incentives. Looking at the Reds situation, he will be brought in as competition, but also as a back-up plan should any starters fall flat on their face or sustain any injuries.
This move is very similar to when the Reds brought in Armando Galarraga last year to compete for a spot before he spent the majority of the season in Louisville before being traded.
Wang has been able to channel his abilities in his career as he had back-to-back 19-win seasons while a member of the New York Yankees in 2006 and 2007. His first full season in 2006 saw him finish second in the Cy Young balloting in the American League. Wang was never the same after an interleague game against the Houston Astros when he stepped on home plate and broke his foot. He has valiantly attempted to make comebacks, and the 34-year-old may be looking at his last shot at the bigs.