Report: Cubs, Kerry Wood close to a one-year deal

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Jon Paul Morosi reports that the Cubs and Kerry Wood are close to signing a one-year deal with an option for 2013.  The terms aren’t known, but it was reported yesterday that it would represent a “substantial raise” over what he made in 2011.  Which was less than $2 million, so you figure it would have to be.

Wood was good in 2011, pitching 51 innings with a 3.35 ERA and 57/21 K/BB ratio.  That kind of performance is getting setup guys roughly $3-3.5 million this winter, so that’s where he’ll probably be.

Cardinals extend José Martínez through 2020

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First baseman/outfielder José Martínez agreed to a two-year contract extension with the Cardinals on Saturday, per a team announcement. MLB Network’s Jon Heyman reports that Martínez will receive $3.25 million in the deal plus incentives if he earns a more stable place within the starting lineup.

Martínez, 30, played 887 games in the minors before making his major-league debut with the Cardinals at the tail end of the 2016 season. The veteran first baseman has been nothing but productive in the three years since his debut, however, and turned in a career-best performance in 2018 after slashing .305/.364/.457 with 17 home runs, an .821 OPS, and 2.3 fWAR through 590 plate appearances. While he brings some positional flexibility to the table, he’ll be forced to compete against Dexter Fowler and Tyler O'Neill for a full-time gig in right field this year, as Paul Goldschmidt currently has a lock on first base.

According to Derrick Goold of the St. Louis Post-Dispatch, the extension wasn’t solely precipitated by Martínez’s productivity in the majors, but by a competing offer from an unnamed Japanese team over the offseason. Goold adds that Martínez would have earned “significantly more than he would in the majors” had the club sold his rights. In the end, they ultimately elected to ink him to a more lucrative deal themselves. He’ll be eligible for arbitration in 2020.