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« Orioles' Talks With Markakis On Hold | Main | Brown's Latest: Sabathia, Blake, Young »
TUESDAY: Baker might make a call, but Reds GM Walt Jocketty admits that Wood is likely to find offers to close elsewhere.
MONDAY, 11:03pm: Dusty Baker plans to give Wood a call and see if he might be interested in setting up Francisco Cordero in Cincinnati.
7:55pm: According to MLB.com's Carrie Muskat, the Cubs declined to offer arbitration to Type A free agents Kerry Wood and Bob Howry. The Cubs decided they could not take on the financial risk of Wood accepting, as they're tight on payroll. Trading him might've been difficult, as he would've been a 10-and-5 player. It seems that payroll forced the Cubs to make the questionable baseball decision to pass on a one-year deal for Wood.
Wood now has an advantage on the market over Francisco Rodriguez and Brian Fuentes - he won't cost a draft pick to sign.
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I so saw the Wood thing coming.
Wood would almost definitely have accepted.
Posted by: melonis rex | December 01, 2008 at 07:59 PM
I am still confused what an "Arb" is...
Posted by: Hey,Hey! | December 01, 2008 at 08:01 PM
This whole Wood scenerio has played out exactly like I feared it would happen. I understand it, but I do not like it at all.
Posted by: studio179 | December 01, 2008 at 08:02 PM
This is the same team that wants to pay peavy 60+ million over the next 5+ years, yet cannot pay it's closer 10-12 million for 1?
Posted by: johns | December 01, 2008 at 08:03 PM
wow...im completely speechless...
Posted by: chicubs25 | December 01, 2008 at 08:04 PM
I usually do not let emotions play in on Cub moves. Again, I understand the why's and the reasonings. Wood is let free to walk and sign elsewhere. I think it sucks!
Posted by: studio179 | December 01, 2008 at 08:06 PM
I understand that it makes selling the team harder if you give out big deals, but this would have been a one year deal, and i find it hard to believe hendry couldnt work something out where wood would agree no to accept out of respect for the organization.
Posted by: chicubs25 | December 01, 2008 at 08:07 PM
I can't wait until Kosuke and Lee are off the payroll. This team needs to draft better, when Lee leaves we have no replacement for him. I would like to have more guys like Soto and Marmol who are young and cheap. Thats whats allowed the Red Sox and Angels to stay competitive for long periods, theyre able ot spend money when they need to. Im just ranting though, the cubs just let a good player walk away when the worse case senerio was a one year deal. I hate you Jason Marquis.
Posted by: chicubs25 | December 01, 2008 at 08:11 PM
Wow, how dumb are the Cubs? They had a golden opportunity to get their farm system on the right track and they go and let it pass by. That is pretty bad. It's no wonder they've been losers for 100 years, when you look at decisions like these.
Posted by: 123456789 | December 01, 2008 at 08:12 PM
"Just because the Cubs made this decision does not mean they cannot continue to negotiate with Wood, who has spent his entire career with the team, or the others."
Yeah, I suppose that CAN happen. No Wood and no picks...wonderful.
Posted by: studio179 | December 01, 2008 at 08:13 PM
I was hoping they would offer and wood would accept.
I still have a feeling that Wood signs with the Cubs for a one year cheaper deal full of incentives. Wood I think would close.
Posted by: uww1 | December 01, 2008 at 08:16 PM
"I understand that it makes selling the team harder if you give out big deals,"
Trading for Peavy and targetting/signing Raul Ibanez will make the club harder to sell than holding on to Wood for a one year deal.
Posted by: melonis rex | December 01, 2008 at 08:16 PM
Yeah i agree, i wouldnt be suprised if Wood waits to see if the cubs can clear payroll at the meetings before he signs anywhere else. Listen the guy has a ton of money, he loves playing in Chicago, maybe its just wishful thinking but i dont see him leaving. It certainly doesnt look good, but if the cubs can trade for a solid player (Dejesus) and somehow move Marquis that certainly should mean we could sign Wood for around 8 million and i doubt he would turn that down, even though he should.
Posted by: chicubs25 | December 01, 2008 at 08:23 PM
"I still have a feeling that Wood signs with the Cubs for a one year cheaper deal full of incentives."
If Hendry and Wood strike some sort of 1 year deal and somehow Woody comes back with a base contract full of incentives, that would be great. My glass is half empty on this one.
Posted by: studio179 | December 01, 2008 at 08:25 PM
"This is the same team that wants to pay peavy 60+ million over the next 5+ years, yet cannot pay it's closer 10-12 million for 1?"
I was thinking the same thing. But the problem could be they can't take on BOTH salaries. Dumping Wood was a move to clear payroll to go after a hitter and maybe Peavy. To get Peavy though they still have to trade Marquis......somehow.
Posted by: E K | December 01, 2008 at 08:26 PM
But I'll hold out hope, even though...
Posted by: studio179 | December 01, 2008 at 08:27 PM
Dare I say the final straw on this mess would be if Melvin signs Wood with the Brewers. Mrs. Wood is from Chicago and they live in Chicago. Milwaukee is about 90 miles away...Wrigley North. Yikes!
Posted by: studio179 | December 01, 2008 at 08:34 PM
If he accepted they could not even afford 5 million and then flip him for big return at trade deadline?
Posted by: walkoffblast | December 01, 2008 at 09:01 PM
I personally have lost respect for Hendry over the handling of this one. Those 2 picks were the ONE reason why I wasn't reeling over this one. Now we have lost Wood, Ceda, and two first round draft picks...and replaced it with Gregg. I understand Howry, but I just think that this is unacceptable.
It may not even be Hendry's call at this point...but it makes the Ceda trade look even worse.
I'm as big of a Cubs fan as there is, but I'm pissed off today and will be for awhile. Poor move.
Posted by: Aduncaroo | December 01, 2008 at 09:09 PM
Their is another team that might like a reliever of Wood's caliber that isn't far from Wrigley. The Cardinals.
I doubt it...but honestly, they want a closer and didn't want to give up a pick. Man I hate this offseason so far.
Posted by: Aduncaroo | December 01, 2008 at 09:10 PM
Ok i understand it, hendry wants the best to wood his friend. But what i don't understand is, WHY IF THEY ARE SO FRIENDS HENDRY COULD'NT BE ABLE TO CONVINCE HIM TO DECLY THE ARB.?
Posted by: DominicanCUB08 | December 01, 2008 at 09:18 PM
"Their is another team that might like a reliever of Wood's caliber that isn't far from Wrigley. The Cardinals."
Don't forget about the Brewers, who probably need him more.
Posted by: melonis rex | December 01, 2008 at 09:21 PM
Here's a darkhorse for ya:
I could seriously see the Rays getting involved with Woody. The draft pick will keep them away from the elite closers. The closer market is a buyer's paradise; the prices on closers/relievers won't be as high as it has been in past years. Friedman knows how important a good bullpen is. Balfour was good this year, but he definitely had a career year, although his peripherals were solid.
I'm not saying its necessarily a good move, but I could see it coming.
Posted by: melonis rex | December 01, 2008 at 09:24 PM
And now without wood and the two picks. what a f*** offseason.
Posted by: DominicanCUB08 | December 01, 2008 at 09:25 PM
If Woody wants to stay in Chicago so bad Kenny should give him a call. He'd look REALLY good on the South Side!
Posted by: MPM | December 01, 2008 at 09:36 PM
"I personally have lost respect for Hendry over the handling of this one. Those 2 picks were the ONE reason why I wasn't reeling over this one. Now we have lost Wood, Ceda, and two first round draft picks...and replaced it with Gregg. I understand Howry, but I just think that this is unacceptable".
Adunc, i share the frustation but really the draft picks were never there, imo at least. Wood would have accepted arbitration - he said as much when he said he would have been satisfied with a 1-year offer.
The crime is Hendry's decision to pay Gregg 5-6 M this year as opposed to Wood at 10-12M. It would not have taken that much creativity to carve 5-7M out of next year's payroll - trade Marquis, backload a bit more of Dempter's contract, etc. The incentive of not having to trade your 2nd best prospect should have been enough. Very frustating.
Posted by: cubz23 | December 01, 2008 at 09:41 PM
This one wasn't hard to call after Wood said he was willing to come back on a one year deal. If the team didn't want him then they certainly weren't going to be offering him arbitration.
At the end of the day Kevin Gregg is going to cost around $5m. Knowing that you could have had Wood + Ceda for an extra $5m has to hurt. It gets worse if it turns out that Marmol is better suited to set-up than to close.
Posted by: bjsguess | December 01, 2008 at 10:44 PM
This whole situation reeks of sh*t and everybody knows it.
Hendry lost some serious respect in my eyes with the handling of this situation.
Even if there is no money for him this year, Hendry's poor contracts of years past are certainly coming to the forefront.
The Cubs have a lot of money tied up in an injury prone, mental LF, a could be bust CF/RF, an aging 1B, a very expensive 5th SP, and an underperforming (and now injury-prone) ace SP.
With all that said, I agree with the sentiments above about creativity. Good GM's find a way to get deals like this done.
Posted by: mmontice | December 01, 2008 at 10:48 PM
Can someone name me one team that would take Marquis... A number 5 pitcher that is suppose to make 10 mil? For a yr? I don't think a team would pay 10 mil for a rental player in this economy. Especially Marquis caliber.
Posted by: elcaballofan4eva | December 01, 2008 at 10:56 PM
Elcaballo,
I don't think any team would - more than likely the cub's would send a sizable chunk of money in any trade.
Posted by: cubz23 | December 01, 2008 at 11:06 PM
I figured..... Ahhhh, Baker might call Wood... LOL I don't think he would want to be under Bakers control again.
Posted by: elcaballofan4eva | December 01, 2008 at 11:11 PM
Marquis is OK for an NL team at $3-5m.
Posted by: bjsguess | December 01, 2008 at 11:15 PM
Two words can wrap this up people; FISCAL RESPONSIBILITY. The bottom line is that the cubs have been in a spending free for all the past 2 offseasons and now it is time to pay the fiddler on all these overpaid(and in some cases bad), backloaded contracts.
As Tim (and others) have pointed out numerous times, the cubs payroll will be around $130 mil after arb raises and is supposed to be cut off around the $140 mil mark. This means they have just enough to add that power left handed bat that they need. Bringing back Wood ( at the price of about $10mil) means no lefty bat, no veteran bullpen arm and certainly no Peavy. We can sit here all day and talk about potentially moving Marquis or Lee, but the bottom line is they are still members of the cubs. Hendry couldnt risk Wood accepting ( which seems apparent that he would have) arb, hence thwarting any opportunity to address the other needs ( i.e. left handed power bat) to his team.
Posted by: rollingdeuce | December 01, 2008 at 11:34 PM
rollingdeuce,
I understand what you are saying, but I'm just saying that you don't trade Ceda for Gregg unless you are at LEAST going to get two extra picks in the process. You just don't. Its not so much about losing Wood, which I don't like anyway, but rather sending out your 2nd best prospect, who is your best pitching prospect, for one year of Gregg and not getting picks to restock.
Frankly, we might miss Wood more than most realize. Marmol is fantastic...but the Marmol/Wood combo was among the nastiest in the game. When you think about Wood going to the Cards or Brewers, it could get even worse.
People saying that Lee's contract is bad aren't correct. It is right at market value right now, and he is earning every penny. Ramirez contract isn't really even backloaded, so nothing to complain about there. Soriano's is the really bad one...but we all knew that. Marquis is the one that is sticking out like a sore thumb right now. We all knew it was 1 year too long at the time...
Sorry, I'm just frustrated with this sh*t right now. Losing Wood is one thing, but you just cannot make the Gregg trade if you aren't going to have picks to restock the system. Ceda could have netted much more value than 1 year of Gregg.
Posted by: Aduncaroo | December 01, 2008 at 11:48 PM
What about Randy Johnson? If the cubs could move Marquis by eating ~3mm/ sign the Unit for 1 year at 6mm, then use Vitters/ Pie / Cedeno / etc. to trade for a rf'er. I know that will still push the payroll though.. Even if they don't sign Unit, it seems we could fill the 5th starter in house.
Posted by: TD | December 02, 2008 at 12:00 AM
If Wood is a smart man he'd stay away from Dusty Baker.
Posted by: Cardsfan387 | December 02, 2008 at 12:02 AM
I like Peavy as much as the next guy but i think the cubs need to prioritize. I would prefer the focus be on balancing the lineup. How important is the regular season #5 starter in the playoffs. NL central is weak and the cubs seem to have little resistance in making the playoffs this year.
Posted by: TD | December 02, 2008 at 12:07 AM
"At the end of the day Kevin Gregg is going to cost around $5m. Knowing that you could have had Wood + Ceda for an extra $5m has to hurt. It gets worse if it turns out that Marmol is better suited to set-up than to close."
That's exactly what I have been trying to say. As good as Marmol is, he has a tendency to loose focus or get rattled from time to time. He gets slider happy now and again as well. We don't know what Marmol will be like as a closer. We will find out though. I'm sure he will do well. It's just Marmol and Wood at the back end proved to be a nasty 1-2 punch last year. There is no need to break that up over 5 mil, like you point out.
Gregg is not a horrible pick up. But Hendry did not need to use Ceda in that deal and could have kept the Marmol/Wood combo at another postseason run. Other guys moved past Ceda in the teams eyes, but he could have been groomed for a set up role when Shark goes to the rotation in '10. Or been in on a trade package that filled a better need. Then get a veteran bull pen arm in the mix if needed at the July deadline.
Posted by: studio179 | December 02, 2008 at 01:25 AM
I have my doubts Wood goes to St. Louis. They are not spending money. Milwaukee seems more likely they would shell out a contract, but either team could use him and I won't totally rule those clubs out.
Posted by: studio179 | December 02, 2008 at 01:30 AM
i was looking around at teams that need a closer, and their really aren't that many. the brewers, mets and angels are the teams that immediately come to mind (at least the teams expecting to compete next year) considering those three teams all lost their own. it seems to me that the cardinals are going to go with that kid perez, but i'm not really sure. anyway, i see them building their bullpen on the cheap, like they always have. how many teams out there are really going to pay for a closer? nobody is spending money right now. woody is more attractive given he won't cost draft picks, but his injury history scares people. then, think about all the closers out there: wood, k-rod, fuentes, hoffman. and i don't buy wood going somewhere to set up. he wants to close.
Posted by: 100backeduptrucks | December 02, 2008 at 09:03 AM
Cubs want Marmol to close. There must be something we don't know, like:
1. Wood does not want to set up.
2. Piniella doesn't like him or the blisters.
But this really makes no sense. You could have kept Ceda, who can help you cheap the next 5 years, and had Wood for one more Series push instead of Gregg!
Posted by: Cubs World Champs please B4 I die | December 02, 2008 at 09:03 AM
La Russa lives for the day he can bring Wood in against the Cubs, but Kerry would make them pay a LOT of money, and they don't have it. Hopefully same for Brewers/Astros/Reds.
Posted by: Cubs World Champs please B4 I die | December 02, 2008 at 09:05 AM
Brewers will offer multi-year deal. They have Gagne's 10 mil gone, and the 100 mil they offered to Sabathia. Kerry will make the 90-mile commute, and this will SUCK.
This stinks.
Posted by: Cubs World Champs please B4 I die | December 02, 2008 at 09:09 AM
Seriously, how much would the Cards love to repay the whole Edmonds situation? I doubt it will happen...but I'll be sick if it does...I live in St. Louis, and thats the last thing I need my friend to be talking about.
By the way, I believe the Cards had more blown saves than anyone last year. Wood without costing picks has to seem like a pretty good option if they are willing to look at free agents.
Posted by: Aduncaroo | December 02, 2008 at 09:10 AM
I agree though...Melvin will at least make an offer.
Posted by: Aduncaroo | December 02, 2008 at 09:11 AM
off topic, but over the holiday i was talking with my cardinal fan in-laws, and i didn't realize this, but pujols is a free agent in 2 years. i scared the bejeezus out of them when i informed them that derrek lee's contract is up at the same time and new owners will be in by then, ones who will presumably open up the check book. tex is going to one of the big market teams, you'd think, and howard will probably be locked up by then too. can you just imagine?
Posted by: 100backeduptrucks | December 02, 2008 at 09:27 AM
The Cubs are assholes, i'm done if we dont get Peavey now.
Posted by: Bleeds Cub blue | December 02, 2008 at 09:31 AM
F U Cubs. Finally, us cub fans get some hard core evidence that you all are a bunch of f*ing idiots. I'm confident many of the contributors on this page could run the team better.
Posted by: I-Cubs | December 02, 2008 at 09:47 AM
Nothing surprising here except clueless Cub fans whimpering over Woody. There were no draft picks to be had cause he loves Chicago. What I don't like is the fact we get a borderline relief pitcher for one of our best prospects. Why couldn't Ceda have come in and setup with Shark? Hendry biggest failures were Marquis and Soriano. Screwed his the Cubs financial flexibility!
Posted by: rockstrongo | December 02, 2008 at 10:22 AM
I think yesterday caused many fans of several teams a sick feeling inside. Teams are worried with the state of the economy and not chancing some guys would accept the arbitration. Many whom would make more than they would get for a one year deal elsewhere. Teams would rather lose a couple picks than pay millions more for their guys. It does not make it any easier for me, either. Like most every Cub fan, I feel the Kerry Wood situation stunk from the begining and he should be in a Cub uni next year.
They lost Woody, they traded Ceda for Marmol's or Woody's replacement and they lost two picks for not offering salary arbitration. He could end up closing within the NL Central, which would make all us Cub fans sick.
Posted by: studio179 | December 02, 2008 at 10:43 AM
It's not whimpering over Woody. It's being pissed over bad business decisions. If that makes me clueless...guilty.
Posted by: studio179 | December 02, 2008 at 10:48 AM
I don't understand the rationale behind this decision. Of course I haven't understood the rationale about not re-signing him right off the bat, when, I believe, he is more valuable to this team than Ryan Dempster is, and we just gave him 4 and 48....puzzling
Posted by: Gbizle7 | December 02, 2008 at 11:22 AM
Wait. It could get worse. The Cubs don't offer Woody arbitration (and thus lose two potential picks) so they can save money to go after someone like Ibanez, who will now cost them an actual pick because he was offered arbitration. Ouch.
Or maybe it's Abreu, Dunn, or DeJesus...
Posted by: jrfukudome | December 02, 2008 at 12:14 PM
Good point jrfukudome,
Never thought about Ibanez costing us a pick. This move stinks! I don't want Ibanez now especially since he's 36 and going to command a large contract. I guess I'd rather have Abreu. As for the Peavy deal, if we don't sign someone like Abreu, the Cubs better get a potent LH bat from the Peavy trade or by dumping Marquis on someone.
And yeah, I see Wood signing with Brewers. Scary!
Posted by: iowacubs | December 02, 2008 at 02:00 PM
That's why the Cubs don't sign Ibanez. He's a liability in the field, so why not go after Dunn? Another liability in the field but at least he'll hit double the amount of Ibanez and won't cost a pick now.
Posted by: rockstrongo | December 02, 2008 at 05:22 PM
If the Cubs give up their first round pick to sign Raul Ibanez, rather than signing someone that would cost nothing like Dunn or Abreu, I'd be very curious as to why.
Dunn and Abreu are awful defensive players, but so is Ibanez, and while he's the lefty hitter they crave, Adam Dunn could easily be as well. I'd hate to see Dunn in right field though, which keeps forces me back to a Derrek Lee trade.
Lee and cash to the Giants for Randy Winn, and then the Cubs sign Dunn to take over at first? I know it won't happen, but the lineup we could make would be really good.
RF Winn (S)
SS Theriot (R)
1B Dunn (L)
3B Ramirez (R)
LF Soriano (R)
C Soto (R)
2B DeRosa (R)
CF Fukudome (L)
With major at bats at second from Fontenot (L), with Winn moving to center and DeRosa to right field.
Posted by: scribbletone | December 02, 2008 at 07:20 PM
If the Angels lose out on Tex and CC I could see them being interested with Wood.
The team seems prepared to go with Arredondo or others but I would feel more comfortable having a guy like Wood in the mix. Especially, if he comes on a one year deal at $10m.
Posted by: bjsguess | December 02, 2008 at 07:24 PM
scribbletone - I don't see why that's so far fetched. I also don't think you would have to kick over any cash. Doing a deal like that would only raise payroll an additional $7m or so. And you don't need to fill a hole in CF any longer.
That would be a tremendous lineup.
Posted by: bjsguess | December 02, 2008 at 07:28 PM
"
scribbletone - I don't see why that's so far fetched. I also don't think you would have to kick over any cash. Doing a deal like that would only raise payroll an additional $7m or so. And you don't need to fill a hole in CF any longer.
That would be a tremendous lineup."
Totally agree. So much depth and a good amount of versatility with DeRosa, Cedeno, Fukudome, Hoffpauir and Fontenot.
If the Cubs could possibly make a Lee/Winn type of deal, I don't see how you say no. Winn fits exactly the type of outfielder they're looking for, and find a powerful lefty is easier at first than right field.
If the choice was sign Ibanez/Abreu/Dunn and put them in right and leave Lee at first, or my scenario, I'd definitely choose mine. The main difference is having good defense in right with mediocre defense at first, rather than vice versa.
I doubt Hendry moves Lee though. People would see Lee for Randy Winn and freak out, even though that deal makes so much freaking sense.
Posted by: scribbletone | December 02, 2008 at 07:55 PM
This could of all been avoided if Hendry didn't trade for Gregg. He should of just gave Wood a 1 year deal with a club option. Anyway, a Peavy trade could rebound the Gregg trade and not signing Wood put together.
Scribblestone,
I'm with you a lefty with speed and is clutch is good for the Cubs.
Posted by: BLEEDINGCUBBIEBLUE | December 02, 2008 at 09:01 PM
Oh but I'm not a fan of Hoffpauir starting 1B. If I see he's putting up good numbers for a limited time player than I hope they decide to put him in the lin up. Only if D Lee turns into D P Lee again.
Posted by: BLEEDINGCUBBIEBLUE | December 02, 2008 at 09:04 PM
Scribbletone- I like that lineup a lot, but I'd prefer to put Aram in the three hole while Dunn cleans up, and breaks up the righties.
Posted by: rockstrongo | December 02, 2008 at 11:21 PM
Anybody else concerned about Randy Winn's age? That's only a 1 year solution and then we're right back in the same situation next year looking for a lefty right fielder. I like the Dunn signing, even though his defense would be bad. I still can't figure out for the life of me why we haven't batted Theriot in the lead-off spot. He's perfect for it.
Posted by: Gbizle7 | December 03, 2008 at 10:25 AM