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  <updated-at type="datetime">2008-12-10T13:51:06-05:00</updated-at>
  <title>Indians nearing deal two-year deal with Wood</title>
  <published-at type="datetime">2008-12-10T12:20:56-05:00</published-at>
  <comments-count type="integer">5</comments-count>
  <created-at type="datetime">2008-12-10T12:20:56-05:00</created-at>
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        <created-at>2008-12-10T13:51:06-05:00</created-at>
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        <body>Since the Cubs did not offer salary arbitration, the Indians will not lose a draft pick and the Cubs will not receive any compensation.

As for the contract, Heyman's numbers are much higher than anyone else has reported.  The numbers talked about last night were 2 yrs/$14-16 mil ($7-8 mil/year), with a vested option for a third year.  I wonder if the contact will become $20+ mil if the vesting option is achieved?</body>
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        <created-at>2008-12-10T13:42:48-05:00</created-at>
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        <body>Wood is a Type A free agent, but will not cost them a draft pick, because the Cubs did not offer him arbitration.</body>
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        <created-at>2008-12-10T12:54:20-05:00</created-at>
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        <body>It will not. Wood is not a Type A or B. People were staying away because he wanted 2-3 years and he is: Kerry Wood.</body>
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        <created-at>2008-12-10T12:48:07-05:00</created-at>
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        <body>think Indians are High if the offer is 20 mil they should be at 16.0 mil If 20 for two is there Wood should grab it</body>
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        <created-at>2008-12-10T12:33:20-05:00</created-at>
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        <body>will signing wood cost the indians a drat pick?? pretty sure this is why teams were staying away from wood. but i am wondering is anyone knows for sure.</body>
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  <body>&lt;p&gt;The Cleveland Indians are closing in on a two-year deal with free-agent closer Kerry Wood that is believed to be worth close to $20 million, SI.com has confirmed.&lt;/p&gt;
&lt;p&gt;Wood has pitched his entire 11-year career with the Chicago Cubs, but the Cubs said they would not re-sign Wood this offseason after they made a trade last month to acquire reliever &lt;strong&gt;Kevin Gregg&lt;/strong&gt; from the Florida Marlins.&lt;/p&gt;
&lt;p&gt;Wood had not been a closer until this past season, when he notched the first save of his career. He finished with 34 saves, and was named to the All-Star team, but he also made yet another trip to the disabled list, this time for a blister.&lt;/p&gt;
&lt;p&gt;The market for closers has finally started to move, with &lt;strong&gt;Francisco Rodriguez&lt;/strong&gt; agreeing to a three-year contract with the New York Mets.&lt;/p&gt;</body>
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    <display-name>Jon Heyman</display-name>
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