The Official Site of Chicago Cubs: Official Info: Press Release

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 The Official Site of Chicago Cubs: Official Info: Press Release  Links3
 The Official Site of Chicago Cubs: Official Info: Press Release
CHICAGO -- The Chicago Cubs and right-handed pitcher Kerry Wood have agreed to terms on a one-year contract for the 2008 campaign. Terms of the deal were not disclosed. A member of the organization since being selected with the fourth overall pick in the 1995 draft, 2008 will mark Wood's 14th season in the Cubs organization. The right-hander has posted a 72-57 record with a 3.67 ERA in 211 ... [link]

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Wood Back to Kerry the Cubs
Published 11/26/2007 by Rob G. at The Cub Reporter (TCR) | A Chicago Cubs Blog -
UPDATE #2: The deal is for $4.2 MM with the potential to earn another $3.45 MM in incentive clauses. Last year the incentive clauses in his contract were (according to Cot’s Baseball Contracts): $2M based on games: $0.3M for 40 g, $0.35M for 45 g, $0.4M for 50 g, $0.45M for 55 g, $0.5M for 60 g $2M based on games finished: $0.2M for 25 GF, $0.25M for 30 GF, $0.3M for 35 GF, $0.35M for 40 GF, $0.4M for 45 GF, $0.5M for 50 GF $0.75M based on days on active roster: $0.25M each for 90, 120 & 150 days on active roster so expect something similar. ...

Phil Rogers, Wrong As Can Be
Published 11/26/2007 by Wrigleyville at wrigleyville23
Phil Rogers in the morning: Kerry Wood seems unlikely to re-sign with the Cubs, who then would pursue a proven reliever to replace him. Cubs.com in the afternoon: CHICAGO -- The Chicago Cubs and right-handed pitcher Kerry Wood have agreed to terms on a one-year contract for the 2008 campaign. Terms of the deal were not disclosed. Insightful.

The Hendry/Piniella Plan (Apparently)
Published 11/26/2007 by Arizona Phil at The Cub Reporter (TCR) | A Chicago Cubs Blog -
The Hendry/Piniella Plan (Apparently) With the MLB Winter Meetings set for next week in Nashville, the Hot Stove League should start to heat-up. So here is a summary of what appears to be the “Hendry/Piniella Cubs Plan for 2008″ (or whatever they call it internally) that was apparently devised at the Cubs Organizational Meeting in Mesa last month (and I am NOT necessarily advocating any of this stuff): OBJECTIVE #1 . Acquire a left-handed hitting power-hitting RF (preferably an everyday player rather than a guy who needs to be platooned) who can hit 4th or 5th in the batting order. Although this is likely the Cubs #1 priority, it probably will be the last thing Hendry will address. OPTIONS A. JAPANESE FA ...

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Cubs Sign Kerry Wood

According to Bruce Levine of ESPN Radio 1000 , the Cubs have signed Kerry Wood to a one-year, $4MM deal with no options.  Wood apparently had four other offers for two years worth $5-6MM.  The Padres, Brewers, and Red Sox were among them. ...
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Kerry Wood returning to Cubs on one-year deal

Kerry Wood agreed Monday to a $4.2 million, one-year deal to return to the Chicago Cubs.
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The Hendry/Piniella Plan (Apparently)

With the MLB Winter Meetings set for next week in Nashville, the Hot Stove League should start to heat-up. So here is a summary of what appears to be the “Hendry/Piniella Cubs Plan for 2008″ (or whatever they call it internally) that ...
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Wood spurns others' offers for Cubs' 1-year deal - MLB

CHICAGO -- Given his history of arm problems, even Kerry Wood was surprised at all the interest he drew from other teams in free agency. While Wood was tempted to leave, he couldn't be lured from the team he has pitched for his entire career. After ...
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Cubs sign Wood for shot at closing

One year after scrapping their Wood-Prior model for building a pitching staff, the Cubs re-signed Kerry Wood to contend for their vacated closer role and face the final 15 days to decide whether Mark Prior fits into their plans.
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