Yankees agree to terms with Chien-Ming Wang

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The news comes via Jon Heyman on Twitter.

Wang drew interest after a strong showing in the World Baseball Classic with Chinese Taipei. The right-hander did not allow a run in 12 innings of work, surrendering ten hits and just one walk.

Wang spent the last two seasons with the Washington Nationals without much success, posting an aggregate 4.94 ERA in 94.2 innings. He missed time last year due to a left thigh strain and a right hip strain. Prior to that, he missed the latter half of the 2009 season, all of 2010, and the first half of the 2011 season due to right shoulder surgery.

Heyman suggests the signing gives the Yankees flexibility to make a trade:

Brandon McCarthy wins final spot in Dodgers’ rotation

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We learned on Monday that Hyun-Jin Ryu won one of the final two spots in the Dodgers’ starting rotation. Brandon McCarthy has won the other, Bill Plunkett of the Orange County Register reports. Alex Wood was McCarthy’s competitor for the spot.

McCarthy, 33, posted a 4.85 ERA across four appearances spanning 13 innings this spring, yielding seven earned runs on 14 hits and a walk with seven strikeouts. Wood, a southpaw, gave up five earned runs in six innings against the Reds on Tuesday, which might have factored into the decision.

Last season, McCarthy made nine starts and one relief appearance, posting a 4.95 ERA with a 44/26 K/BB ratio in 40 innings. In the event McCarthy falters, the club has Wood as well as Julio Urias and the injured Scott Kazmir as potential replacements.

Yankees re-sign Jon Niese to a minor league deal

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The Yankees have re-signed pitcher Jon Niese to a minor league contract, George A. King III of the New York Post reports. Niese was released on Sunday, but he’ll stick around and provide rotation depth for the Yankees.

Niese had knee surgery last August and got a late start to spring training as a result. In six spring appearances lasting an inning each, the lefty gave up three earned runs on five hits and a walk with five strikeouts.

Niese, a veteran of nine seasons, put up an aggregate 5.50 ERA with an 88/47 K/BB ratio in 121 innings last season between the Pirates and Mets.