Kerry Wood to undergo knee surgery, says he’ll retire if Cubs don’t re-sign him

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Kerry Wood has been shut down for the remainder of the season with a torn meniscus in his left knee, which he’ll have surgery to fix next week.

Wood will have plenty of time to get healthy by spring training, but told Bruce Levine of ESPN Chicago that he’ll retire if the Cubs don’t want to bring him back in 2012.

Wood took significantly less money to sign with the Cubs this offseason, choosing a one-year, $1.5 million over much bigger offers from several teams, including the crosstown White Sox.

Presumably the Cubs would love to have him back for similar money next year after he threw 51 innings with a 3.35 ERA and 57/21 K/BB ratio setting up Carlos Marmol.

Report: Welington Castillo to be suspended 80 games for violating Joint Drug Agreement

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Ken Rosenthal of The Athletic confirms a report from journalist Américo Celado that White Sox catcher Welington Castillo will be suspended 80 games for violating baseball’s Joint Drug Agreement. Castillo was believed to have used a steroid, but according to Rosenthal, the substance was not a steroid. More details should come on Thursday.

Castillo, 31, entered Wednesday’s action batting .270/.314/.477 with six home runs and 15 RBI in 118 plate appearances. He has gotten the bulk of the work behind the plate, backed up by Omar Narváez.

Castillo’s absence will likely prompt the White Sox to call up Kevan Smith from Triple-A Charlotte. Smith battled an ankle injury in March and April, so he got a late start to the season. In 102 PA at Triple-A, he has hit .283/.343/.457.