Kerry Wood re-signs with Cubs

[Post Count Padder]

Great news!

 

I didn't think he'd take a deal like that. Well, one less worry for us.

[CuseCubFan69]

It was mentioned that he would be competing for the closer spot. I'm pretty certain that at this point it would be as a reliever.

 

Unless he's pitching 9 innings!

 

Nobody could close like Shooter. He'd close the game and then the bar.

[RynoRules]

At the risk of being redundant, this is great news.

[Flames24Rulz]

This is awesome news. Seems pretty apparent to me that he wants to finish his career as a Cub.

[nilodnayr]

This is awesome news. Seems pretty apparent to me that he wants to finish his career as a Cub.

 

Ha, save this post for next offseason.

[Sammy Sofa]

Hey, at least the first official Cubs' hot stove signing is a good one.

 

Please keep it going, Jim.

 

Welcome back, Kerry.

[jacey]

This is one thing Jimbo can mark off his list for the winter. Now on to the other priorities...

[Handlebar McSkullet]

=D> =D> =D> =D> =D> =D> =D> =D> =D>

[GoCubsGo1679625768]

This is one thing Jimbo can mark off his list for the winter. Now on to the other priorities...

 

yes, like 2nd base. #-o

[SouthSideRyan]

Wish there was an option included.

[Fred Hornkohl]

Just heard the news. Man, this is great !!!

[wvcbxl]

I'm just glad Wood will still be a Cub in 2008.

[treebird]

hooray for kerry and cobs

[XZero771679666304]

Apparently, there are over 3M in "performance bonuses".

 

Link

 

 

Sounds like more than setup money to me.

[Outshined_One]

I'd also like to point out how favorable this contract is compared to the ones handed out to Linebrink and Cordero.

 

Well done, Jimbo.

[Omar]

Well that made my day. Keep the transactions coming, Hendry.

[TruffleShuffle]

as much as i like kerry wood - and i do - i'm filing this one under "overpaying for bullpen help"

[CuseCubFan69]

Well that made my day. Keep the transactions coming, Hendry.

 

Watch out for what you ask for! I sure you meant good transactions like this so bow down and pray to the baseball Gods and beg forgiveness!

[SouthSideRyan]

I would be some of those incentives involve starting games.

[CuseCubFan69]

I would be some of those incentives involve starting games.

 

Jeeze...try to get over yourself will you!

 

It could be. Has anyone sent out the Bruce signal yet?

[SouthSideRyan]

There's no greater incentive than me!

[Soul]

Good for Wood!

 

There's a little sunshine in an otherwise bleak offseason.

[frostwyrm]

CHICAGO -- Kerry Wood, who made the switch to the bullpen last season after a swift recovery from shoulder problems, agreed Monday to a $4.2 million, one-year deal to return to the Chicago Cubs.

Wood, the 1998 NL Rookie of the Year, can make an additional $3.45 million in performance bonuses. He had a $1.75 million salary this year.

 

http://sports.espn.go.com/mlb/news/story?id=3128280&campaign=rss&source=MLBHeadlines

 

If I'm reading this correctly he has a $4.2M base salary and $3.45M in potential bonuses? Doesn't that seem kinda steep for a reliever who's a really bad health risk? Assuming the bonuses are for saves and games finished he should get $7.65M if he can grab the closer slot and stay healthy. Still seems pricy to me. I know he had a nice finish last year but there seems to be a pervasive excess of optimism regarding Kerry's health situation.

[GoCubsGo1679625768]

CHICAGO -- Kerry Wood, who made the switch to the bullpen last season after a swift recovery from shoulder problems, agreed Monday to a $4.2 million, one-year deal to return to the Chicago Cubs.

Wood, the 1998 NL Rookie of the Year, can make an additional $3.45 million in performance bonuses. He had a $1.75 million salary this year.

 

http://sports.espn.go.com/mlb/news/story?id=3128280&campaign=rss&source=MLBHeadlines

 

If I'm reading this correctly he has a $4.2M base salary and $3.45M in potential bonuses? Doesn't that seem kinda steep for a reliever who's a really bad health risk? Assuming the bonuses are for saves and games finished he should get $7.65M if he can grab the closer slot and stay healthy. Still seems pricy to me. I know he had a nice finish last year but there seems to be a pervasive excess of optimism regarding Kerry's health situation.

 

If he earns the bonuses them it probably means that he was healhty for the most part in 2008.

[jersey cubs fan]

CHICAGO -- Kerry Wood, who made the switch to the bullpen last season after a swift recovery from shoulder problems, agreed Monday to a $4.2 million, one-year deal to return to the Chicago Cubs.

Wood, the 1998 NL Rookie of the Year, can make an additional $3.45 million in performance bonuses. He had a $1.75 million salary this year.

 

http://sports.espn.go.com/mlb/news/story?id=3128280&campaign=rss&source=MLBHeadlines

 

If I'm reading this correctly he has a $4.2M base salary and $3.45M in potential bonuses? Doesn't that seem kinda steep for a reliever who's a really bad health risk? Assuming the bonuses are for saves and games finished he should get $7.65M if he can grab the closer slot and stay healthy. Still seems pricy to me. I know he had a nice finish last year but there seems to be a pervasive excess of optimism regarding Kerry's health situation.

 

If he earns the bonuses them it probably means that he was healhty for the most part in 2008.

 

And if he stays healthy there's little doubt he'll be very effective.

 

$4.2 is the risk, $3.45 is what you hope you pay by having a great pitcher. I hope they pay him 7.65 in 2008, it will most likely mean very good things.