The Yankees have agreed to terms with Chien-Ming Wang, Jon Heyman of CBS Sports reports (Twitter link). Wang is represented by Alan Chang of the Octagon Agency.
Wang was said to be likely to sign with New York following a workout with the team, Dan Martin of the New York Post reported yesterday. Wang was originally signed by the Yankees in 2000 and become a solid member of the rotation from 2005-2009, posting a 4.16 ERA over 109 games (104 of them starts) in his first stint in the pinstripes and finishing second in AL Cy Young voting in 2006 following a league-leading 19 wins.
The Taiwan native ran into injury problems in 2009, however, and missed the entire 2010 campaign before returning with the Nationals in 2011. Wang posted a 4.94 ERA in 94 2/3 IP with Washington in 2011-12 and battled a hip injury last season, but he pitched very well for Chinese Taipei at this year's World Baseball Classic, throwing 12 shutout innings over two starts.
Wang's addition could make the Yankees more comfortable in dealing another starter for corner infield or outfield help, though recent comments from GM Brian Cashman make that concept unlikely.