Breaking News: Wang Loses Arbitration

From the AP Newswire:

Chien-Ming Wang lost his salary arbitration case against the New York Yankees on Friday, dropping players to 0-4 this year.

Wang, a 19-game winner in each of the last two seasons, was awarded $4 million instead of his request for $4.6 million by arbitrators Stephen Goldberg, Jack Clarke and Christine Knowlton, who heard the case Thursday in St. Petersburg. Wang was eligible for arbitration for the first time after making $489,500 last year.

Only a difference of 600k...still a good deal for The Wanger.