With Hendry, you know the latter is what is going to happen. Has there been an offseason with him in charge where he didn't throw a 3 year deal at a reliever? Kerry is just as good an investment as anyone else is out there, and bringing him back for 2 years opens up a lot of flexibility for Hendry. Last offseason he didn't throw a 3 year deal at a reliever. I don't see Hendry signing a huge deal for another reliever without Wood. One, by the time Wood would walk many of the higher priced relievers on the market will be gone. Two, the bullpen hasn't been mentioned as a concern once by Hendry in the last couple months (at least that I've heard), and that wasn't the case in some prior offseasons in which he handed out multi-year deals like candy. I do see him maybe paying a little too much for a left-handed reliever if Wood falls through, but that deal will almost certainly be less than 5 million a year. His budget sounds to be such that after possibly signing Matsui and Fukudome that he wouldn't have enough money to sign too much of a high priced reliever. I think a lot of the 1 or 2 year deal thought process will be how much has Wood worked to keep himself in shape and off the DL? Has he been doing the right exercises and continues to do them or is he right back to doing the same things he did when he had all those injuries. I'd up the offer to 2 if he has been doing his stretches and lifting but if he's back to his same mechanics I'd go incentive big time. Let somebody else pay him to be on the DL.