Update 1/29: Jayson Stark of ESPN.com says that Wang may not return from shoulder surgery until a couple of months into the season.

Alan Nero, the agent for Wang, said that “four or five teams” are now pursuing Wang more aggressively than expected.

Stark says the Mets, Dodgers and Cardinals are candidates to sign Wang.

1/25: Alan Nero, agent of free agent pitcher Chien-Ming Wang, says that his client is expected to throw off of a mound in the next week or two and, “Everything is going extraordinarily well.”

According to Ken Rosenthal of FOXSports, six teams are evaluating Wang’s medical records, and the pitcher is in Phoenix training.

“We’re anticipating a major-league offer with a substantial guarantee and substantial upside,” Nero said.

“We’re so confident with what is going to happen, if we don’t do it until May, we’re OK. Whoever shows the initiative to take a little bit of risk is going to win.”

Possible destinations for Wang include the Yankees and Cardinals.

Due to his historical injuries, Wang may be worth the risk as a number five starter if he comes cheap.  He has a 55-26 record with a 4.16 ERA over 5 seasons with the Yankees.  You can see Wang’s statistics here.