Headlines

  • Angels Acquire LaMonte Wade Jr.
  • Braves Designate Craig Kimbrel For Assignment
  • Corbin Burnes To Undergo Tommy John Surgery
  • Braves Select Craig Kimbrel
  • Jerry Reinsdorf, Justin Ishbia Reach Agreement For Ishbia To Obtain Future Majority Stake In White Sox
  • White Sox To Promote Kyle Teel
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

Remove Ads
  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Houston Astros
      • Los Angeles Angels
      • Oakland Athletics
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2024-25 MLB Free Agent List
    • 2025-26 MLB Free Agent List
    • 2024-25 Top 50 MLB Free Agents With Predictions
    • Projected Arbitration Salaries For 2025
    • Free Agent Contest Leaderboard
    • Contract Tracker
    • Transaction Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

Cubs Close To Deal With Kerry Wood

By Tim Dierkes | January 11, 2012 at 12:46pm CDT

The Cubs are close to a one-year deal with reliever Kerry Wood, tweets Jon Paul Morosi of FOX Sports.  The contract will include a club option for 2013.  Earlier today, Cubs president Theo Epstein told reporters, "If we can't figure this out, something's wrong."

Wood, 34, was drafted fourth overall in 1995 by the Cubs and stayed in the organization through the 2008 season.  Injuries pushed the hard-throwing Texan to a relief role, and he spent the 2009-10 seasons with the Indians and Yankees.  Wood returned to the Cubs for the 2011 season on a below-market deal with a $1.5MM base salary.  It was suggested he sought a salary closer to market value this time around, and yesterday Cubs GM Jed Hoyer said the team offered Wood a substantial raise.

Wood posted a 3.35 ERA, 10.1 K/9, 3.7 BB/9, 0.88 HR/9, and 35.8% groundball rate in 51 innings for the Cubs last year.  He missed time with a blister, and also saw his season end about a week early due to a torn meniscus in his left knee.  With Carlos Marmol tying for the MLB lead with 10 blown saves last year and Sean Marshall now with the Reds, Wood will be next in line to close for the Cubs if Marmol falters.

Share 4 Retweet 54 Send via email0

Chicago Cubs Kerry Wood

Pirates Sign Doug Slaten
Main
Brewers Claim Jeff Bianchi
View Comments (21)
Post a Comment

21 Comments

  1. Jason 49

    13 years ago

    Sweet.  Old man K is back.

    Reply
  2. AFCFAN06

    13 years ago

    glad to hear it pay up a little bit more and let him stay

    Reply
  3. The Quiet One

    13 years ago

    I, too, am glad that it looks like Kerry is back with the Cubs. This was the smart and right thing to do.

    Reply
  4. Bonesaw McGraw

    13 years ago

    Teehee, hard-throwing Texas.  And no, in case you were wondering, I didn’t read the rest of the article.

    Reply
    • Mikey Roederer

      13 years ago

      I was about to say the same thing..the whole state throws hard??

      Reply
  5. Jamie Baker

    13 years ago

    This is good news. The Cubs will be, well pretty bad in 2012, and 2013, and possibly 2014… but this is a good move which allows a guy that clearly wants to be here stay here. Either way he has already been garanteed a position with the club when he retires, this just might ensure he stays here until that day comes.

    Reply
    • sourbob

      13 years ago

      Agreed. And for all of the misplaced loyalty the Cubs have shown over the years… if you’ve got a guy who’s a longtime, top-shelf clubhouse leader who still plays good baseball, you’ve got $25-35MM in payroll slack, and all he wants is middle reliever money, you may as well give it to him.

      Reply
      • ratmoss

        13 years ago

        I get the idea Kerry is wired differently than most pro athletes.  He can still bring it a bit, but his contributions to the clubhouse and community are what make him worth the extra bucks. 

        Reply
    • 0bsessions

      13 years ago

      Exactly. If he’s content to take up space on a team that’s not going anywhere and do it for cheap when you wouldn’t get compensation for him leaving anyway, there’s no good reason to cut ties with him.

      Reply
  6. Mike

    13 years ago

    Awesome.  The Cubs needed Wood a lot more than Wood needed the Cubs.  Hopefully, Jed and Theo compensated him as such. 

    Looking forward to Kerry Wood (hopefully) supplanting Carlos Marmol as closer at some point in 2012 (or 2013).

    Reply
    • jhfdssdaf

      13 years ago

      Assuming that includes a trade of Marmol, makes sense.  Otherwise, why bother?

      Reply
  7. Goose

    13 years ago

    Congrats, Cubs fans!

    Reply
  8. scott brecht

    13 years ago

    Great move.  

    Reply
  9. stewie75

    13 years ago

    aduh this was going to happen. everything else reported was posturing. ricketts texted theo, “quit fuDGing around and sign him already.” they’re lopping the payroll by the day, the last thing they need to do is upset the fanbase about the ONE player we actually DO want signed. now trade garza and go sign cespedes & solar.

    Reply
  10. Hordak Sanchez

    13 years ago

    I think the Cubs are going to be a fun team to watch this year and they may even surprise alotta people

    Reply
    • garyleet

      13 years ago

      If Cubs do well, I would use the word stun more than I would surprise.

      Reply
  11. mutantbeast

    13 years ago

    Kid K is worth the $  in PR terms alone. My guess is he will be a TV/Radio vocie after his playing days are over.

    Reply
  12. garyleet

    13 years ago

    No need to contemplate Wood stepping in for Marmol if he falters. Marmol may not get 10 SOs all year.

    Reply
  13. Phillies_Aces35

    13 years ago

    Would love to see him setting up for Papelbon next year, but this is where he should pitch for the foreseeable future.

    Reply

Leave a Reply Cancel reply

Please login to leave a reply.

Log in Register

ad: 300x250_1_MLB

    Top Stories

    Angels Acquire LaMonte Wade Jr.

    Braves Designate Craig Kimbrel For Assignment

    Corbin Burnes To Undergo Tommy John Surgery

    Braves Select Craig Kimbrel

    Jerry Reinsdorf, Justin Ishbia Reach Agreement For Ishbia To Obtain Future Majority Stake In White Sox

    White Sox To Promote Kyle Teel

    Sign Up For Trade Rumors Front Office Now And Lock In Savings!

    Pablo Lopez To Miss Multiple Months With Teres Major Strain

    MLB To Propose Automatic Ball-Strike Challenge System For 2026

    Giants Designate LaMonte Wade Jr., Sign Dominic Smith

    Reds Sign Wade Miley, Place Hunter Greene On Injured List

    Padres Interested In Jarren Duran

    Royals Promote Jac Caglianone

    Mariners Promote Cole Young, Activate Bryce Miller

    2025-26 MLB Free Agent Power Rankings: May Edition

    Evan Phillips To Undergo Tommy John Surgery

    AJ Smith-Shawver Diagnosed With Torn UCL

    Reds Trade Alexis Díaz To Dodgers

    Rockies Sign Orlando Arcia

    Ronel Blanco To Undergo Tommy John Surgery

    Recent

    Pirates Reportedly Receiving Interest In Isiah Kiner-Falefa

    Angels Sign Ben Gamel To Minor League Deal

    Angels Acquire LaMonte Wade Jr.

    Blue Jays Recall Spencer Turnbull For Season Debut

    Orioles Notes: Westburg, Mullins, O’Neill

    Tigers Notes: Vierling, Olson, Urquidy, Boyd

    Twins Place Zebby Matthews On 15-Day IL, Reinstate Danny Coulombe

    Yankees Claim CJ Alexander

    Phillies Claim Ryan Cusick, Designate Kyle Tyler

    Brewers Claim Drew Avans

    ad: 300x250_5_side_mlb

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • 2024-25 Top 50 MLB Free Agents With Predictions
    • Nolan Arenado Rumors
    • Dylan Cease Rumors
    • Luis Robert Rumors
    • Marcus Stroman Rumors

     

    Trade Rumors App for iOS and Android

    MLBTR Features

    MLBTR Features

    • Remove Ads, Support Our Writers
    • Front Office Originals
    • Front Office Fantasy Baseball
    • MLBTR Podcast
    • 2024-25 Offseason Outlook Series
    • 2025 Arbitration Projections
    • 2024-25 MLB Free Agent List
    • 2025-26 MLB Free Agent List
    • Contract Tracker
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    ad: 160x600_MLB

    Navigation

    • Sitemap
    • Archives
    • RSS/Twitter Feeds By Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    hide arrows scroll to top

    Register

    Desktop Version | Switch To Mobile Version