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:’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’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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