Kerry Wood expected to sign by Friday; Cubs no sure thing

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Kerry Wood told NBC-5 in Chicago that he expects to sign by Friday, with Jim Salisbury of CSNPhilly.com reporting that the Phillies, Tigers, Angels, and Reds are among the teams competing with the Cubs for the 34-year-old reliever.

Wood took significantly less money to sign with the Cubs last offseason and said just a couple months ago that he might opt for retirement rather than pitch for another team, but apparently something changed along with the new front office regime taking over and now he’s looking to get fair market value.

Last winter Wood accepted a one-year, $1.5 million deal from the Cubs when he was being offered multi-year deals for higher annual salaries elsewhere, including from the crosstown White Sox. This time around Salisbury reports that Wood is looking for a one-year deal worth around $4 million, which is reasonable money and may still be too much for the Phillies unless general manager Ruben Amaro Jr. can get ownership to sign off on a payroll bump to add the setup man.

Wood pitched very well for the Cubs last season, throwing 51 innings with a 3.35 ERA and 57/21 K/BB ratio, so he’s certainly right to think he’s worth similar money to other veteran setup men who got one-year deals this offseason like Octavio Dotel ($3.5 million), Jon Rauch ($3.5 million), and LaTroy Hawkins ($3 million).

Dodgers, Tony Gonsolin agree to 2-year, $6.65M contract

Gary A. Vasquez-USA TODAY Sports
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LOS ANGELES — All-Star pitcher Tony Gonsolin and the Los Angeles Dodgers agreed on a two-year, $6.65 million contract that avoided an arbitration hearing.

Gonsolin gets $3.25 million this year and $3.4 million in 2024.

His salary in the second season can escalate by up to $3 million based on a points system in which he will be credited one point for each start, or each relief appearance of 3 1/3 innings: $500,000 apiece for 14, 16, 18, 20, 24 and 28 points. The 2024 salary also would increase by $1,125,000 for winning a Cy Young Award this year, $625,000 for finishing second or third in the voting and $500,000 for finishing fourth or fifth.

The sides exchanged salary proposals on Jan. 13, with Gonsolin seeking a raise from $720,000 last season to $3.4 million this year, while the Dodgers offered $3 million.

The 28-year-old right-hander was 16-1 with a 2.14 ERA and 119 strikeouts in 24 starts during a breakout season last year. Gonsolin earned his first All-Star selection with an 11-0 record and a 2.02 ERA in the first half. He finished with the highest winning percentage (.941) in franchise history.

Gonsolin has been with the Dodgers for parts of four seasons since being drafted in the ninth round out of Saint Mary’s College in 2016. He is 26-6 with a 2.51 ERA in 59 career games.

He helped the Dodgers win the 2020 World Series during the pandemic-shortened season.