Newsday first reported in December that Wang’s camp was interested in a long-term contract, but yesterday marked Wang’s first words on the matter. The Yankees didn’t share the desire to sign Wang long-term, even though the righthander has won 38 games in the past two seasons. General manager Brian Cashman did not return a phone call, but told Newsday recently, “Not at this time,” when asked about possibly signing Wang long-term. (Source)

Why should the Yankees tie up money in a pitcher long-term when they already have control of said pitcher through 2011? Given the propensity pitchers have of getting hurt and the tired arm Wang suffered last October, I see no reason at all.

Cash made good moves giving the extension to Cano and holding off on Wang.