The Cubs have avoided arbitration with lefty Travis Wood, according to Patrick Mooney of CSNChicago.com (on Twitter). The Frontline client receives a one-year, $3.9MM contract that is slightly north of the $3.875MM midpoint between the figures submitted by the two sides.
Wood, who turns 27 in two weeks, enjoyed a breakout season for the Cubs in 2013 when he posted a 3.11 ERA with 6.5 K/9 and 3.0 BB/9 in an even 200 innings. That performance netted him his first All-Star nod, though his so-so K/BB ratio and extreme fly-ball tendencies -- Wood's 44.5 percent fly-ball rate was third among qualified starters -- lead ERA estimators such as xFIP and SIERA to peg him for a 4.50 ERA going forward.
As shown in MLBTR's Arbitration Tracker, Wood filed for a $4.25MM salary, and the Cubs countered at $3.5MM. Wood, who has three years, four days of service time will be eligible for arbitration twice more before hitting free agency following the 2016 campaign. Mooney adds in a separate tweet that he hears Wood's preference is to go year-to-year with the Cubs rather than discuss a long-term deal.
With Wood's case resolved, the Cubs will turn their focus to settling with second baseman Darwin Barney, outfielder Justin Ruggiano and righty Jeff Samardzija, each of whom exchanged figures with the Cubs last week as well.