Wang, 31 in March, was non-tendered by the Nationals this month after failing to make a pro appearance in 2010. He had surgery to repair a torn ligament in his right shoulder capsule in July of 2009. Wang is said to be seeking a big league deal, and can at least build off a promising instructional league stint. The Rangers are also known to have an eye on another pitcher who missed the 2010 season due to shoulder issues: Brandon Webb.
The Rangers clearly have some money to work with after Cliff Lee turned them down. One American League executive speculated to Joel Sherman of the New York Post that they could turn to Carl Pavano (Twitter link). The Rangers also have the possibility of moving Neftali Feliz or Alexi Ogando to the rotation.