A person familiar with the negotiations tells The Associated Press that pitcher Chien-Ming Wang and the Washington Nationals have reached an agreement on a $2 million, one-year contract.

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The deal includes the chance to earn $3 million in performance bonuses, the person said Tuesday, speaking on condition of anonymity because the agreement was not yet final.
Washington planned to announce the deal during a news conference Friday at spring training, the person said.

Oddsmakers from online sports book Sports Interaction have made the Nationals a 150/1 long shot to win the 2010 World Series and 75/1 to win the National League Championship.

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Posted: 2/17/10 12:25AM ET

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