Wood re-signs, 1 year, 3 million w/ team option

[Old Style]

I understand if the Cubs don't want to shell out the bucks for Woody to be a setup man, but it will again be disappointing to see him in another uniform. Wherever he goes I hope he wins a ring.

[Clem Fandango]

Expounding on what Butters posted...

 

Cubs GM Jed Hoyer said Tuesday that the Cubs have offered free agent Kerry Wood a "substantial raise."

Wood made $1.5 million last season while posting a 3.35 ERA and 57/21 K/BB ratio in 51 innings of relief. A source told CSNChicago.com's David Kaplan on Tuesday morning that Wood is ready to move on from the Cubs because they aren't offering him a fair market rate. But perhaps things have changed.

 

Fangraphs had him listed at being worth about $2.1 million last season. If "substantial raise" means at least $3 million a year, or even $3.5, they're overpaying, but if he's holding out for an extra $500K-$1MM there probably isn't any harm in paying him that with all the money we're not spending on FA's, but he's honestly not worth that much money from a baseball standpoint. It'd be for the whole Golden Calf effect. I'm A-OK with that, but if they don't sign him it's not exactly a dumb baseball move.

 

SCARY FACT: I know one was a starter and the other was a reliever, but Doug Davis was considered more valuable than Kerry Wood last year, and in fewer innings pitched (0.7 to 0.5).

[ctcf]

Expounding on what Butters posted...

 

Cubs GM Jed Hoyer said Tuesday that the Cubs have offered free agent Kerry Wood a "substantial raise."

Wood made $1.5 million last season while posting a 3.35 ERA and 57/21 K/BB ratio in 51 innings of relief. A source told CSNChicago.com's David Kaplan on Tuesday morning that Wood is ready to move on from the Cubs because they aren't offering him a fair market rate. But perhaps things have changed.

 

Fangraphs had him listed at being worth about $2.1 million last season. If "substantial raise" means at least $3 million a year, or even $3.5, they're overpaying, but if he's holding out for an extra $500K-$1MM there probably isn't any harm in paying him that with all the money we're not spending on FA's, but he's honestly not worth that much money from a baseball standpoint. It'd be for the whole Golden Calf effect. I'm A-OK with that, but if they don't sign him it's not exactly a dumb baseball move.

 

SCARY FACT: I know one was a starter and the other was a reliever, but Doug Davis was considered more valuable than Kerry Wood last year, and in fewer innings pitched (0.7 to 0.5).

 

They could still be saving money to splurge on the Cubans, although that may just be being hopeful.

 

I don't mind them overpaying a bit, because hey it's Kerry. If he wants like 4 mil, I'd say let him walk. I might be biased because I will forever view him as a legit injury risk.

[Clem Fandango]

I tend to agree with that.

 

Side note: Any time someone mentions "The Cubans" it feels like we're talking about the Cubs dabbling in human trafficking

[biittner77]

Out of curiosity, other than last year, when did Wood ever give the Cubs a hometown discount? I have nothing against Wood and don't really care one way or the other if he comes back but I don't believe either side really owes the other anything. Wood gave the Cubs a discount last year but he's also made a lot of money by being a member of the Cubs.

[jersey cubs fan]

[Butterscup1679666578]

Out of curiosity, other than last year, when did Wood ever give the Cubs a hometown discount? I have nothing against Wood and don't really care one way or the other if he comes back but I don't believe either side really owes the other anything. Wood gave the Cubs a discount last year but he's also made a lot of money by being a member of the Cubs.

 

He made $12M in 2006 and resigned for $1.75M for the 2007 season at age 30. Resigned again for 2008 for $4.2M.

[CubInOK]

I tend to agree with that.

 

Side note: Any time someone mentions "The Cubans" it feels like we're talking about the Cubs dabbling in human trafficking

Every time I see the name of this thread I think of Cialis.

[Guest]

Out of curiosity, other than last year, when did Wood ever give the Cubs a hometown discount? I have nothing against Wood and don't really care one way or the other if he comes back but I don't believe either side really owes the other anything. Wood gave the Cubs a discount last year but he's also made a lot of money by being a member of the Cubs.

 

He made $12M in 2006 and resigned for $1.75M for the 2007 season at age 30. Resigned again for 2008 for $4.2M.

 

His career looked to be over after 06...it was hanging on by a thread.

 

It being his arm.

[Abe Frohman]

This is all just buildup to the Cubs Convention, when they will announce the signing. What else to they have to get the fans fired up about?

[CubColtPacer]

Out of curiosity, other than last year, when did Wood ever give the Cubs a hometown discount? I have nothing against Wood and don't really care one way or the other if he comes back but I don't believe either side really owes the other anything. Wood gave the Cubs a discount last year but he's also made a lot of money by being a member of the Cubs.

 

He made $12M in 2006 and resigned for $1.75M for the 2007 season at age 30. Resigned again for 2008 for $4.2M.

 

His career looked to be over after 06...it was hanging on by a thread.

 

It being his arm.

 

IIRC though, he was being offered double or triple that figure by other clubs. It was definitely a hometown discount.

[Little Slide Rooter]

They could still be saving money to splurge on the Cubans, although that may just be being hopeful.

 

I don't mind them overpaying a bit, because hey it's Kerry. If he wants like 4 mil, I'd say let him walk. I might be biased because I will forever view him as a legit injury risk.

 

Nah. I don't think we've spent much more than 10 mil all together this offseason. While by no means do I condone giving Wood 4 mil, whether we're talking about highly touted outfield prospects or tasty pork sanwiches, I don't think it would come between us and the Cubans. We have a lot of money to play with.

[jersey cubs fan]

Out of curiosity, other than last year, when did Wood ever give the Cubs a hometown discount? I have nothing against Wood and don't really care one way or the other if he comes back but I don't believe either side really owes the other anything. Wood gave the Cubs a discount last year but he's also made a lot of money by being a member of the Cubs.

 

He made $12M in 2006 and resigned for $1.75M for the 2007 season at age 30. Resigned again for 2008 for $4.2M.

 

His career looked to be over after 06...it was hanging on by a thread.

 

It being his arm.

 

IIRC though, he was being offered double or triple that figure by other clubs. It was definitely a hometown discount.

 

IIRC this was when he said he felt he owed it to the Cubs because of how much he made while injured. Then last year was more about trying to be the next Ron Santo or something.

[sneakypower]

Expounding on what Butters posted...

 

Cubs GM Jed Hoyer said Tuesday that the Cubs have offered free agent Kerry Wood a "substantial raise."

Wood made $1.5 million last season while posting a 3.35 ERA and 57/21 K/BB ratio in 51 innings of relief. A source told CSNChicago.com's David Kaplan on Tuesday morning that Wood is ready to move on from the Cubs because they aren't offering him a fair market rate. But perhaps things have changed.

 

Fangraphs had him listed at being worth about $2.1 million last season. If "substantial raise" means at least $3 million a year, or even $3.5, they're overpaying, but if he's holding out for an extra $500K-$1MM there probably isn't any harm in paying him that with all the money we're not spending on FA's, but he's honestly not worth that much money from a baseball standpoint. It'd be for the whole Golden Calf effect. I'm A-OK with that, but if they don't sign him it's not exactly a dumb baseball move.

 

SCARY FACT: I know one was a starter and the other was a reliever, but Doug Davis was considered more valuable than Kerry Wood last year, and in fewer innings pitched (0.7 to 0.5).

to be clear, with his leverage index, Wood's monetary value was much more in the neighborhood of $3M last year; dictating a reliever's value by WAR fails to account for the added importance of their innings pitched

 

also, your scary fact doesn't hold true after accounting for Davis' hitting

[SouthSideRyan]

SCARY FACT: I know one was a starter and the other was a reliever, but Doug Davis was considered more valuable than Kerry Wood last year, and in fewer innings pitched (0.7 to 0.5).

 

This says a lot more about certain flaws in fWAR than it does about each player's value.

[sneakypower]

what flaws?

[SouthSideRyan]

what flaws?

 

That judging a terrible pitcher solely on peripherals is asinine.

[sneakypower]

how should a pitcher be judged?

[SouthSideRyan]

I want you to tell me right now that Doug Davis was a more valuable pitcher than Kerry Wood last year.

[SouthSideRyan]

Horrendous pitchers who are throwing batting practice can't be judged by their peripherals. FIP(or whatever else you want to use) work because guys like Davis aren't usually pitching on major league rosters. When you're using these #s to determine how valuable one of these pitching machines is it's flawed.

[Clem Fandango]

Horrendous pitchers who are throwing batting practice can't be judged by their peripherals. FIP(or whatever else you want to use) work because guys like Davis aren't usually pitching on major league rosters. When you're using these #s to determine how valuable one of these pitching machines is it's flawed.

 

Doug Davis' FIP was 3.86, though.

 

P.S. In no way do I want Doug Davis on a baseball diamond in a Cubs uniform

[sneakypower]

Horrendous pitchers who are throwing batting practice can't be judged by their peripherals. FIP(or whatever else you want to use) work because guys like Davis aren't usually pitching on major league rosters. When you're using these #s to determine how valuable one of these pitching machines is it's flawed.

Davis has been on MLB rosters for 12 seasons

 

was he a better pitcher in '07 or '09 than he was this past season? what made him effective in those seasons and a pitching machine this year?

 

I want you to tell me right now that Doug Davis was a more valuable pitcher than Kerry Wood last year.

why would i do that?

[SouthSideRyan]

Horrendous pitchers who are throwing batting practice can't be judged by their peripherals. FIP(or whatever else you want to use) work because guys like Davis aren't usually pitching on major league rosters. When you're using these #s to determine how valuable one of these pitching machines is it's flawed.

 

Doug Davis' FIP was 3.86, though.

 

 

Yeah. That's my point. 3.86 is not a good representation of Doug Davis's abilities.

[Clem Fandango]

Also, to be fair, Davis' bWAR was -1.2, so...

 

Yeah he sucks.

[SouthSideRyan]

Horrendous pitchers who are throwing batting practice can't be judged by their peripherals. FIP(or whatever else you want to use) work because guys like Davis aren't usually pitching on major league rosters. When you're using these #s to determine how valuable one of these pitching machines is it's flawed.

Davis has been on MLB rosters for 12 seasons

 

was he a better pitcher in '07 or '09 than he was this past season? what made him effective in those seasons and a pitching machine this year?

 

I don't know, old age? Injuries? Davis was horrendous over 17 starts in the past 2 years? Why should I care what he did 5 seasons ago?

 

I want you to tell me right now that Doug Davis was a more valuable pitcher than Kerry Wood last year.

why would i do that?

 

Because he had a higher WAR. Either you believe the logic giving Davis 0.7 WAR and Wood 0.5 WAR is sound, or you think there's an issue here.