Cubs re-sign Kerry Wood to one-year, $3 million deal with club option for 2013


Things looked a little dicey earlier this week, but Kerry Wood is back where we all thought he would be when the offseason began.

From David Kaplan of comes word that the Cubs and Wood have agreed to terms on a new deal. The announcement was made to an “insane ovation” at Cubs Convention earlier this evening. Gordon Wittenmyer of the Chicago Sun-Times reports that he’ll get a one-year deal worth $3 million with a club option for 2013.

Wood signed a team-friendly one-year, $1.5 million deal with the Cubs last offseason, despite getting multi-year offers for more money elsewhere, but his new deal is much more in line with the market value for a veteran set-up man. The 34-year-old right-hander posted a 3.35 ERA and 57/21 K/BB ratio over 51 innings in 2011. He’ll set up for closer Carlos Marmol again in 2012.

Mike Fiers may not be ready for start of regular season due to back issue

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Anthony Fenech of the Detroit Free Press reports that Tigers starter Mike Fiers is dealing with a back issue and may not be ready for the start of the season. Manager Ron Gardenhire characterized the injury as a “stiff back” and added, “Maybe a little bit of a bulging disk or something like that.”

Fiers, 32, signed a one-year, $6 million deal with the Tigers in December. He has had a forgettable spring, yielding 12 runs on 10 hits and eight walks with seven strikeouts in 11 1/3 innings.

Fiers had a rotation spot locked up along with Michael Fulmer, Jordan Zimmermann, and Francisco Liriano. Matt Boyd and Daniel Norris were battling it out for the No. 5 spot. If Fiers opens the regular season on the 10-day disabled list, both could have spots in the rotation.