Jan 11, 2012, 1:50 PM EST
Jon Paul Morosi reports that the Cubs and Kerry Wood are close to signing a one-year deal with an option for 2013. The terms aren’t known, but it was reported yesterday that it would represent a “substantial raise” over what he made in 2011. Which was less than $2 million, so you figure it would have to be.
Wood was good in 2011, pitching 51 innings with a 3.35 ERA and 57/21 K/BB ratio. That kind of performance is getting setup guys roughly $3-3.5 million this winter, so that’s where he’ll probably be.
- Matt Kemp remains “in play” for the Red Sox 30
- Robinson Cano “didn’t want to play” for Joe Girardi 79
- Report: Yankees have agreed to a three-year deal with Carlos Beltran 120
- Mike Napoli agrees to two-year, $32 million deal with Red Sox 36
- Curtis Granderson leaves Yankees for Mets (and $60 million) 68
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (120)
- Brett Gardner is drawing “significant” trade interest (104)