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Indians Close To Deal With Wood

FRIDAY, 5:34pm: According to Paul Hoynes of the Cleveland Plain Dealer, we should hear the Indians' decision on the Wood signing by Saturday. Indians president Paul Dolan has the final call.

9:41am: Looking for a Kerry Wood update?  The AP is reporting that he took his physical yesterday, and team doctors are taking a look.  They say it may still take a few days before the official announcement.

WEDNESDAY, 4:42pm: Castrovince says Wood is headed to Cleveland for a Thursday physical.  He believes the two-year, $20MM deal will include a third-year option of some variety.

11:37am: SI.com's Jon Heyman says the Indians are closing in on a two-year, $20MM deal with Wood.  Jon Paul Morosi reported the same earlier today.

TUESDAY, 11:17pm: Phil Rogers of the Chicago Tribune reports Wood reached an agreement with the Indians on what is believed to be a two-year deal with a vesting option.  It's unclear if Rogers is offering up new information here or just summarizing what we know.

7:44pm: John Perrotto says the Indians signed off on Wood's medical reports and will likely announce the signing today or tomorrow.

5:36pm: The AP says the Indians are close to a two-year deal with Wood.

5:01pm: Peter Gammons says the Indians are making progress with Wood but still talking to alternatives.

4:21pm: Yahoo's Gordon Edes says an Indians source expressed confidence that the team is close to signing Wood, probably to a two-year deal with a vesting option. The AP agrees.

3:12pm: Castrovince says his Wood report "appears to be legit."  Multiple sources have confirmed to him that a deal "could be cemented soon."  Wood would still have to pass a physical though.

3:03pm: ESPN's Keith Law:

A source with Cleveland indicated that the Indians are still "actively engaged in the closer market" but haven't settled on one player or finalized a deal yet.

1:15pm: According to MLB.com's Anthony Castrovince, the Indians appear closer to a two-year deal with Kerry Wood.  The deal may contain a third-year option.


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Comments

Interesting. I wonder if this means K-Rod to the Mets is all but done as well?

Going from the options post to the close to a deal post in record time...

well, i stand a corrected man lol

Darn. I wanted to predict Wood's signing as an Indian before it got posted. Oh well, I predict Wood will be an Indian.

This is freaking great. This will establish a price lice for the other and get some signigs going on.

Two years? WTF. He deserves 5

"Two years? WTF. He deserves 5"

Surely you can't be serious.

he's an injury risk, and k-rod is only getting 3 years, which shows you the market for closers is not good right now, with so many free agent and trade options. that being said, fuentes demand just went way down as now his only logical suitors are st louis and colorado.

Forever a cub.........
RIP Kerry, wherever you end up.

"that being said, fuentes demand just went way down as now his only logical suitors are st louis and colorado."

If the price went down enough on Fuentes, I could see Tampa Bay stepping in, especially with Percival's health in question.

I wanted Kerry to stay in the NL Central. Not with the Cubs though. Brewers or Cardinals sounded nice.

"I wanted Kerry to stay in the NL Central. Not with the Cubs though. Brewers or Cardinals sounded nice."

Yeah, I was hoping Milwaukee would pony up for him, or if he did come to the AL that Tampa would come up with the cash to sign him.

So where does Fuentes go now?

(Yanks fan pick up an apple and drops it. Confirms that the world hasn't gone topsy turvy and that gravity is still in play). Indians spending money? Wow....go ahead Shapiro...get 'er done.

Top 5 closer if healthy. Nice signing by Cleveland, I'll miss him. :(

Wow, Melonis. Are you pounding the Cubs every chance you get or does it seem that way. :0

I thought Woody might sign with Milwaukee, doubtful St. Louis (but you never know). As of Sunday, I Cleveland or Texas made sense.

Go tribe! This would be an awesome pickup.

CubbyFan,

I liked him a lot when he was at his best, but the cubs can finally put the Wood Roller Coaster to bed. All the best to him, but I have no problem with the cubs moving on.

i hope the indians get him. i don't know if i could have stomached the thought of him in milwaukee or st. louis. best of luck, really hope he can stay healthy

johns- Tampa Bay has the money. They have 15MM to spend, more if they trade Jackson.

"Wow, Melonis. Are you pounding the Cubs every chance you get or does it seem that way. :0 "

No. The Cubs aren't one of my favorite teams, but I'm not deliberately pounding the Cubs. I would just find it entertaining to see Woody pitching for Brewers/Cardinals. And he makes logical sense.

Continuing- It's more Friedman's philosophy than it is the Rays not having money. In the deflated closers/DH market, the Rays can easily snag one of both.

Two years with a third year option is what he is worth...He's a good pick up for the Indians.

"Forever a cub.........
RIP Kerry, wherever you end up."
Umm...he's not dead, haha.
Anyway, I hope he does well. About time he gets some good luck and gets recognized.

The Indians need a lot more help than this in order to be competitive, although the White Sox seem to be selling the farm, so the AL Central could get much more competitive this year. KC has been surprisingly active at least in the rumor mill talks.

Good signing for the Tribe, Wood was the best closer on the market and they'll get him for less than the Met's are getting KRod for. Wonder who the Met's would have signed had Kerry Wood been a latin player???? ;)

My guess is that Fuentes ends up in Detroit. Wishful thinking maybe. I think he's a better bet going forward than KRod, but the Met's paid for reputation which might come back and bite them. St. Louis may well be a suitor for Fuentes but I'm sticking with the Tigers as my guess.

ESPN talking heads keep talkin about the Rangers being in on Wood. Is there any evidence for this? I haven't read anything on here about it, just was curious.

i like it

9th k. wood
8th j. lewis/r. perez
7th betancourt/kobayashi
hopefully j. meloan and a. miller can step up and make this the best pen in baseball.

only real hole left is in the rotation

1. c. lee
2. f. carmona
3. need to fill this hole
4. a. laffey
5. a. reyes
s. lewis, huff, westbrook, sowers, jackson, one will have to step in if no one is found.

how much do you guys think kerry wood will sign for per year?

about 9m?

probably a 2 year worth 16-18 mill with a club option. thats my guess..rodriguez apparently got 12 per year i think.

I think ilulic is pretty close with that guess.

If K-Rod got 3/37 with an option that could make it 4/51, then Wood will probably get something like 2/18, with a option to make it 3/29.

Is there such a thing as a Shapiro contract w/o an option year?

Surprised that with how bad they've been burned by closers, the Indians didn't go after Fuentes.

It'll be funny if Wood gets hurt early on and the Tribe goes back to their oh-so-effective committee...

Admittedly, it's a gamble but when healthy Wood's stuff is vastly supeior to Fuentes. I think a two year contract at the numbers being discussed is a reasonable risk. The Indians aren't totally helpless if it doesn't work out. J. Lewis was respectable and A. Miller is throwing 97 pain free m.p.h.

"i like it

9th k. wood
8th j. lewis/r. perez
7th betancourt/kobayashi
hopefully j. meloan and a. miller can step up and make this the best pen in baseball.

only real hole left is in the rotation

1. c. lee
2. f. carmona
3. need to fill this hole
4. a. laffey
5. a. reyes
s. lewis, huff, westbrook, sowers, jackson, one will have to step in if no one is found."

I have your Answer... Since you want Ex-Cubs... Jason Marquis. :-)

But Seriously.. Keep Wood away from the Hot Tubs and you will be happy.

Good Luck Kerry!

MickS, since he probably wanted a longer commitment, it's much better to give him a club option for that third year rather then guarantee it to him. if he doesn't work out or injuries start to bother him again, you can let him go after two years, as opposed to being stuck for the third year of paying him 8-10 mill.

Bleacher Buddha, no thanks on jason marquis. i wonder if aaron harang is a possibility? i don't think the reds would ask for much since he had a bad year last year. or maybe rickey nolasco?

shapiro is going to have to get creative and acquire a SP now. i like the fact that he didn't have to give up any prospects to fill the closer role, now he can use some of the younger players to get an experienced starter.

are you nuts the reds would ask for a lot for harang, one bad year means nothing

ilulic, I wasn't being critical of the option year, just pointing out that it is Shapiro's modus operandi.

Damn, 10M per. Probably gonna be your only big signing then.

Don't know why the Brewers wouldn't be in on this one...

They did say that money was going to be left over after signing wood to get more parts. I just want them to trade Shoppach, I don't care where and all I ask is a decent return. Why, you ask? Because I want Fasano back.

you are right astralpanda.

this is our only big signing of the offseason, probably the biggest one since kevin millwood and juan gonzalez. now we have close to 60 mill locked up in about 10 players and our payroll is supposed to be around 80 mill.

please trade for a sp now and not a 2B. we can go into the season with 1b garko/martinez, 2b barfield, 3b peralta and ss cabrera. if barfield struggles, hodges could be ready to step in and take over 3b. trading for a 3b and creating a logjam at 3b could be a problem down the road. we need a sp a lot more then another INF.

ilulic, I think they are going to try and go with veteran reclamation projects to fill the SP spot until Westbrook comes back. It's worked in the past with Elarton and Millwood (though Millwood was much bigger) so there is some precedent. I think they deal Shoppach for INF help, hopefully 2B to avoid the logjam you mentioned at 3B. Trading Shoppach now would be ideal because he has high value, the only problem would be finding a team with a decent match where we need it. I could see them dealing him for a SP, but I think they want someone with a proven track record since all the other internal candidates are unproven or iffy.

grimace455, i can't disagree with what you said. there are a lot of options now. even if shoppach is not traded, martinez could play 1b and if hafner never bounces back, i can see martinez become an everyday DH.

if shoppach is traded, however, garko can play 1b and once laporta is brought up, he can get DH at bats as well as LF or RF and 1B.

how about dealing garko instead of shoppach and handing the 1b job to martinez fulltime?

some say that indians could be in trouble if hafner never bounces back, but i don't think that's true. i really think that laporta is going to be the real deal and with crowe, choo, gutierrez, and btrantley, one of those can be used at dh or even 1b (laporta) eventually.

i wouldn't mind dealing garko and a prospect for a pitcher though. only reason why i don't like the idea of acquiring a 2b is because i would love to watch carbera and barfield work up the middle. if cabrera can give us around .280/10/50 with gold glove defense at ss, i think we could put up with barfield's .260/5/40 with gold glove at 2b. peralta's 20 hrs and 80 rbi's at 3b along with martinez's 20/100 at 1b, we can deal with it.

indians opening day lineup might look like this

cf sizemore
ss carbera
rf choo
1b martinez
3b peralta
dh hafner
c shoppach
lf francisco
2b barfield

thats until laporta is brought up for who ever doesn't produce, either hafner or francisco. i don't havfe a problem with that at all.

"i like it

9th k. wood
8th j. lewis/r. perez
7th betancourt/kobayashi
hopefully j. meloan and a. miller can step up and make this the best pen in baseball.

only real hole left is in the rotation

1. c. lee
2. f. carmona
3. need to fill this hole
4. a. laffey
5. a. reyes
s. lewis, huff, westbrook, sowers, jackson, one will have to step in if no one is found."

Westbrook will get plugged in there as soon as he is ready to pitch again. He is a very good #3. I can see Shapiro going after a #3 or #4 type pitcher to fill out the bottom of the rotation. And let Reyes/Laffey/Sowers/Miller (is she injured?)/Lewis fight for the #5 spot.

*he, my bad.

Instead of looking at the free agent market for a "back of the pen # 3 / # 4 pitcher, how about looking at a deal to bring Chris Young from the Padres as a potential # 2 / # 3 pitcher. The Padres want ultra cheap, the cubs / padres deal for Peavy appears to be dying, so, there could be a match.

What say you?

what would it take to get laffey away from the Indians and in a Brave's uni....Jo-Jo B. Jones, PTBNL....or is he high regard by Cleveland.

Kelly J. and a throw-in for Laffey???

chris young came across my mind as well but he scares me. although he has shown that he can be a very good pitcher, i'm still not sold on him. plus he'd be coming to progressive field which is a smaller park then the padres stadium.

bartendermlb, aaron laffey is a high regard in cleveland, especially since our major league starters are looking a little thin. laffey came up in '07 and had a good month or so as the 5th starter, and then last year he showed that he can be somewhere in the middle of the rotation, but he sort of ran out of gas and the indians wanted to protect him by sending him to AAA to work on some things. i really think he will be a very solid #4 pitcher on a playoff team, if not a #3. reminds me a lot of mark buehrle, but not quite as good. and he's only 23?

"Kelly J. and a throw-in for Laffey???"

I think Johnson may be worth more than Laffey. Scouting reports about Laffey from the past year weren't too positive.

His peripherals all seem to indicate that his 4.23 ERA (105 ERA+) in 94 innings was fluky. His 43/31 K/BB is pretty poor, and he still gave up 103 hits in those innings. He was only 23 but it doesn't seem like Laffey is anything more than a solid 4/5 guy.

Johnson is a plus offensive second baseman that's under control for three seasons. You can do better than Laffey for Johnson.

"9th k. wood
8th j. lewis/r. perez
7th betancourt/kobayashi
hopefully j. meloan and a. miller can step up and make this the best pen in baseball."

And Joe Smith, who will fit in very nicely. Always wanted a submariner.

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