The only benefit would be to basically tell other teams don't bother getting into a bidding war with us, we aren't going to offer anything longterm. These comments effectively lower Wood's value on the market. Teams probably assumed they had to offer X more than the Cubs to get him to move. Now the possibility remains that nobody will feel the need to offer Wood a big contract to get it, and maybe he'll stay on the market and eventually resign for a one year deal. However, I completely agree with you and have no idea what benefit there could be to show him the door rather than letting him walk if he doesn't want to sign. The bottom line is the Cubs are worse right now than they were at the end of the season. Here's the benefit: If you're still hoping to sign Wood at some point, the most power you can get in that negotiation is to show a willingness to walk away. In fact, that's really the only power you ever have in a negotiation. If the Cubs perceive that Wood wants to return, but is using the market as leverage against them (again, showing his willingness to walk away) then this was a way to significantly increase their bargaining power. It's not much different from a player making a public statement of intentions by filing for free agency, really. It's not like this is binding in any way. It is different, though. A player filing for free agency isn't necessarily coming right out and saying "I'm not coming back here." Hendry coming out in the media and saying "Kerry Wood will not be a Cub in 2009" is a little different. We're closing that door already. Wood filing for FA wouldn't necessarily make a return to the Cubs impossible. This pretty much does.