Chien-Ming Wang loses to Yankees in salary arbitration
Baseball
By RONALD BLUM
Associated Press Sports
updated 3:30 p.m. PT, Fri., Feb. 15, 2008
TAMPA, Fla. (AP) -Chien-Ming Wang lost his salary arbitration case against the New York Yankees on Friday and will earn $4 million instead of his request for $4.6 million.
Thursday's hearing was the first for the Yankees since Mariano Rivera lost in 2000. The decision left the Yankees' payroll at a major league-high $206.4 million for 22 signed players.
"He's a special talent. It's just, really, about where he slots in a market of special players as a first-time eligible,'' Yankees general manager Brian Cashman said. "Based on where the market is ... there was really no room to go any higher than 4. It would have been out-of-market.''