Friday, December 17, 2010

Wang re-signs with Nationals for one year

Taipei, Dec. 17 (CNA) Taiwanese right-hander Chien-Ming Wang has signed a one-year contract to rejoin the Washington Nationals that will guarantee him a base salary of US$1 million and give him a chance to earn another US$4 million in incentives, Wang's U.S.-based agent Alan Chang said in a statement early Friday.

"Wang has expressed gratitude to the Nationals for its recognition and confidence in his ability. He is currently working on individual training in Taiwan and is scheduled to be back in the U.S. early next year, " Chang said in the press release.

Wang, who played for the New York Yankees for nine years before being released in late 2009, signed with the Nationals in February for one year with a guaranteed US$2 million salary.

However, he has been in rehabilitation for the past 15 months and has not pitched for the Nationals in a Major League Baseball (MLB) game, only appearing in two instructional league games in October.

Wang was not offered a contract by the Nationals before the deadline of Dec. 3 and therefore became a free agent.

According to an MLB report published early Friday, Wang had indicated to his agent that he wanted to stay with the Nationals because of the way it treated him while recovering from surgery to his right shoulder.

Although Wang will receive only half the guaranteed salary of his previous contract, he can secure up to US$4 million in incentives next season.

Wang will be paid US$250,000 if he stays on the 25-man roster for more than 30 days, a further US$250,000 if he stays for 30 more days, and an additional US$250,000 if he stays for another 30 days after that, according to the contract.

The incentives will be based on how many games in which Wang appears as a starting pitcher. He will earn an extra US$100,000 between 10-19 games, US$150,000 between 20-21 games, US$200,000 for his 22nd starting job and US$300,000 for between 23 and 27 games.

Wang will receive as much as US$600,000 if he wins any MLB award, including US$200,000 for the Comeback Player of the Year award.

Wang won more games than any other big league pitcher (38) between 2006 and 2007, but his injuries have limited him to just 27 appearances over the past two years.

In 2009, when he earned US$5 million with the Yankees, Wang was 1-6 with an atrocious 9.64 ERA before being shut down for the season because of his shoulder. (By Chris Wang) ENDITEM/J