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According to a press release, the Yankees signed arbitration-eligible starter Chien-Ming Wang for 2009. Wang is under team control through the 2011 season. River Ave. Blues notes that the two sides went to a hearing about $600K last year, and the Yankees' victory continues to pay off.
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dont get this
????????????????????
Posted by: tommy | December 22, 2008 at 04:53 PM
We should sign him long term to a cheap deal while we have the injury-leverage to pay less than he deserves....
Posted by: Mattchu12 | December 22, 2008 at 04:54 PM
"dont get this
????????????????????"
They avoided arbitration.
Posted by: mford | December 22, 2008 at 04:56 PM
Ummm...... Alright then...
Posted by: Gamevice | December 22, 2008 at 04:56 PM
"We should sign him long term to a cheap deal while we have the injury-leverage to pay less than he deserves...."
Works both ways. I am sure Wang is hoping to be injury free and to get a bigger deal once a FA.
Posted by: AA | December 22, 2008 at 04:58 PM
it means that he accept the arbitration now rather than 2009, so he a yankee until 2011, and then we can resign him for a long term deal.
Posted by: Roberto | December 22, 2008 at 04:58 PM
Smart move. They must be very happy to know that he is under team control until 2011. It buys them time to see how the market for pitching develops over the years and if Wang's hamstring injury was serious.
Posted by: Rolling{Night}Hawk{09} | December 22, 2008 at 04:59 PM
What hamstring injury??? He hurt his foot running the bases.
Posted by: yankeegirl49 | December 22, 2008 at 05:00 PM
"it means that he accept the arbitration now rather than 2009, so he a yankee until 2011, and then we can resign him for a long term deal."
No, it just means they are going to pay him $5million next year. For the 2010 season they'll either have to do a another one-year contract, a longer deal, go to arbitration, or not offer him a contract.
Posted by: mford | December 22, 2008 at 05:01 PM
Nice, now he'll be with them while his Playoff ERA gets higher. It's already riduclously high.
Posted by: NedCollettiClueless | December 22, 2008 at 05:01 PM
"Smart move. They must be very happy to know that he is under team control until 2011. It buys them time to see how the market for pitching develops over the years and if Wang's hamstring injury was serious."
He was under team control until 2011 regardless.
Posted by: mford | December 22, 2008 at 05:01 PM
Foot injury... my bad =/
Posted by: Rolling{Night}Hawk{09} | December 22, 2008 at 05:03 PM
He lost his arbitration case last year and made 4 mil. Giving him an extra mil might be just a "nicety" towards him. No big deal. The Wangsta's a good guy.
Posted by: YanksFanSince78 | December 22, 2008 at 05:04 PM
"No, it just means they are going to pay him $5million next year. For the 2010 season they'll either have to do a another one-year contract, a longer deal, go to arbitration, or not offer him a contract."
i aint understand what you just say not even the "."
Posted by: Roberto | December 22, 2008 at 05:09 PM
"He lost his arbitration case last year and made 4 mil. Giving him an extra mil might be just a "nicety" towards him. No big deal."
Actually, the Yankees exposure was more than $5 million, even with Wang's injury last year, given how much Wang made. this was a safe deal for the Yankees, not them extending kindness.
Posted by: AA | December 22, 2008 at 05:14 PM
i like that they signed him but i don't get the arbitration thing
Posted by: nyydb13 | December 22, 2008 at 05:29 PM
"don't get"? What's not to "get"?
Posted by: vtadave | December 22, 2008 at 05:55 PM
"i aint understand what you just say not even the "."
Why are you advertising the fact that you're a dumbass?
Posted by: nrmax88 | December 22, 2008 at 06:42 PM
Nice move by the Yankees as it gives them a solid 1 through 3 for the next few years.
I like Wang but I've always thought he would be a better 2-3 pitcher rather than the ace. Can't argue with having a two-time 19 game winner as a #3 guy.
Posted by: InvalidUserID | December 22, 2008 at 06:43 PM
This is hardly news. The only question was whether Wang and the Yanks were going to hook up for a longer deal - buying out his remaining arb years or possibly even a year or two of FA.
Having a deal in place does not preclude that from happening. It's in both parties best interest to hammer something out.
Posted by: bjsguess | December 22, 2008 at 06:44 PM
Tim- I think its best you just ignore the dumb comments about arbitration. I can almost garuntee that people who visit your site only occasionally know what arbitration is (thanks in part to you).
Posted by: johnbuckformvp | December 22, 2008 at 06:49 PM
"i like that they signed him but i don't get the arbitration thing"
When a guy enters the big leagues, the team he is on owns his rights for 6 years. The first 3 years he is paid near the league minimum, somewhere around half a million. During those first 3 years, the team can renew the contract for a few hundred grand or you can lock up your player (Longoria, Cain, Reyes, Wright, etc.). After the 3rd year, for the next 3 years, although the team still owns the rights of the player, a player can go to arbitration, where it will be decided what he is worth that year. A player can make a lot of money in his controlled arbitration years, but the team still owns him, and it gives them a chance to figure out whether they want to try to trade a guy, lock him up, or just let his 6 years service time run out and let him walk to unrestricted free agency. It gives the chance for good young players to make good money after a couple of seasons, while still having his rights owned by whatever team he is on.
Posted by: nrmax88 | December 22, 2008 at 06:49 PM
"Nice, now he'll be with them while his Playoff ERA gets higher. It's already riduclously high".
Posted by: NedCollettiClueless | December 22, 2008 at 05:01 PM
WHY are you on the Yankees thread every single day doing nothing but hurling insults and making and utter and complete AZZ out of yourself? Are you really THAT bored little boy? WOW you are sad.
Posted by: jjyankeesfan2 | December 22, 2008 at 07:07 PM
"Can't argue with having a two-time 19 game winner as a #3 guy".
ABSOLUTELY! He goes from the Yankees #1 to one of the top three best #3's in all of MLB.
Posted by: jjyankeesfan2 | December 22, 2008 at 07:09 PM
Actually, the Yankees exposure was more than $5 million, even with Wang's injury last year, given how much Wang made. this was a safe deal for the Yankees, not them extending kindness.
++++++++++++++++++++
How do you figure? He lost an arbitration case last year, 4.6 mil vs 4 mil. So if he lost last year then what did he do this year that would've warranted a more signifigant increase of 1 mil? What I mean was that they could've haggled over a few dollars but the Yanks figured why go thru another battle w/ a guy you probably would want to extend soon anyway?
Posted by: YanksFanSince78 | December 22, 2008 at 07:41 PM
"WHY are you on the Yankees thread every single day doing nothing but hurling insults and making and utter and complete AZZ out of yourself? Are you really THAT bored little boy? WOW you are sad"
Facts are facts buddy. Don't be so sensitive.
Posted by: NedCollettiClueless | December 22, 2008 at 07:44 PM
"How do you figure? He lost an arbitration case last year, 4.6 mil vs 4 mil. So if he lost last year then what did he do this year that would've warranted a more signifigant increase of 1 mil? What I mean was that they could've haggled over a few dollars but the Yanks figured why go thru another battle w/ a guy you probably would want to extend soon anyway?"
A combination of factors would lead to that. First, there is no way that he would have seen a cut in pay, and the Yankees would have likely not even tried to post a pay cut as their number to the arbitrator. After that, you have to realize that longer service time means more money from the arbitrator. If you have any value at all, which Wang certainly does, no arbitrator is going to make it a token raise. Actually, Dontrelle Willis' 2007 contract would be a pretty good guide to look at, and the D-Train earned over $6 million that year.
Posted by: AA | December 22, 2008 at 08:49 PM
yanks got hit with the highest Luxury Tax. I know this has nothing to do with this post but the other threads have a lot of posts on them lol http://sports.espn.go.com/mlb/news/story?id=3788527
One more thing why do people like jjyankeesfan2 come on here and say stuff like they did... he was just saying what he thought was right..which it was and then jjyankeesfan2 just goes off..like if your going to act like a 3 year old... go to a different site
Posted by: Larsen101 | December 22, 2008 at 08:56 PM
NedCollettiClueless....Wang had one good postseason, one decent one, and one bad postseason. Of course I would expect you to jump on the Yankee hating bandwagon and call him a bad postseason pitcher even though he has had 4 postseason starts, one which was on short rest(hardly enough of a sample size to judge a pitcher).
It really is sad that so many people like you are on these boards bashing the Yankees everyday. Most people are here to talk baseball but obviously not you. Actually kinda makes me smile knowing that the Yankees can get under your skin so much just by a posting of "Yankees Sign Wang". Can't imagine how angry you are going to be when the posting is "Yankees win World Series....again"
Posted by: yanks09 | December 22, 2008 at 11:45 PM
"How do you figure? He lost an arbitration case last year, 4.6 mil vs 4 mil. So if he lost last year then what did he do this year that would've warranted a more signifigant increase of 1 mil? What I mean was that they could've haggled over a few dollars but the Yanks figured why go thru another battle w/ a guy you probably would want to extend soon anyway?"
A combination of factors would lead to that. First, there is no way that he would have seen a cut in pay, and the Yankees would have likely not even tried to post a pay cut as their number to the arbitrator. After that, you have to realize that longer service time means more money from the arbitrator. If you have any value at all, which Wang certainly does, no arbitrator is going to make it a token raise. Actually, Dontrelle Willis' 2007 contract would be a pretty good guide to look at, and the D-Train earned over $6 million that year.
_______________________
AA: It's a ver minute point, and Wang is ertainly worth $5 mil and much, much more. But in 06 and 07 Dontrelle's case never went before an arbitrator as he and the team settled prior to the case being heard. Plus he was coming off of two good seasons (22-10 and 12-12). So if Wang lost an arbitration case in 07 4.6 mil vs 4 mil) then I'm not sure the arbitrator would've offered him much more than a $1 mil increase. I don't think the Yanks would've asked for a pay cut, especially considering that Wang injured himself vs being ineffective. I would also think they wouldn't want to piss Wang off nickling and diming him again 1 month after offering 240+ mil to AJ and CC.If anything I would think the Yanks are interested in extending him and buying out the next few years of arb and free agency.
I would offer him 5/40 mil. Thet would lock him up until the end of 2013 (age 34). $8 mil a year is reasonable and as long as he doesn't completely fall apart that would be a steal.
Posted by: YanksFanSince78 | December 23, 2008 at 09:41 AM
I for one pray that he stays healthy and eagerly look forward to another seasons worth of Wang gets battered, or Wang squeezes out a gem headlines.
Posted by: ArodSucksAtLife | December 23, 2008 at 10:41 AM
"It's a ver minute point, and Wang is ertainly worth $5 mil and much, much more. But in 06 and 07 Dontrelle's case never went before an arbitrator as he and the team settled prior to the case being heard. Plus he was coming off of two good seasons (22-10 and 12-12). So if Wang lost an arbitration case in 07 4.6 mil vs 4 mil) then I'm not sure the arbitrator would've offered him much more than a $1 mil increase."
There is nothing minute about the point. The precedent is for arbitrators to give raises of about $2 million per year of arbitration for players who have a good track record, which Wang has. He would have easily gotten more than $5 million in arbitration. The Yankees stole this one.
Posted by: AA | December 23, 2008 at 12:56 PM