The Cleveland Indians have reportedly agreed to terms on a two year deal with former Cubs closer, Kerry Wood. The deal is believed to be worth nearly $20 million and have a vesting option for a third should the oft-injured pitcher reach certain performance incentives.
Wood was being heavily pursued by the Indians as well as the Detroit Tigers, and the signing gives the Indians the solid closer they were missing last year. Cleveland used several different pitchers to close out games last year, with 5 relievers combining for a total of 31 saves.
This deal, combined with the Met’s signing of Francisco Rodriguez leaves only Brian Fuentes left among the top flight free agent closers. Detroit is said to have moved their focus to trading for the Mariners’ JJ Putz and Fuentes has received interest from several clubs including the Cardinals, Angels, Brewers (possibly as a setup man for Francisco Cordero?), and to a lesser extent the Tigers.