2/16 18:53: According to The Washington Post, Wang has passed his physical.

2/16 13:55: According to Ronald Blum of the Associated Press, the deal is for a one-year, $2 million contract. The contract also includes an opportunity to earn $3 million in performance bonuses.

2/16 09:13: Bill Ladson of MLB.com tweets that the Nationals and right-handed pitcher Chien-Ming Wang have agreed to terms. The team will hold a press conference on Friday to announce the deal.

It’s been rumored for about a week that Wang and the Nationals were close to a deal. The Dodgers and Mets were also known to have been aggressively pursuing Wang.

Wang has a 55-26 record with a 4.16 ERA over 5 seasons with the Yankees.  You can see Wang’s statistics here.