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

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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 CSNChicago.com 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.

Howie Kendrick to undergo an MRI after exiting game with a serious leg injury

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Update, 7:49 PM ET: The Nationals placed Howie Kendrick on the 10-day disabled list with a right Achilles injury. In a corresponding move, right-hander Jefry Rodriguez was recalled from Double-A Potomac.

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Nationals left fielder Howie Kendrick was removed from the first game of Saturday’s doubleheader against the Dodgers after injuring his right leg. In the eighth inning, Kendrick tracked a Max Muncy sac fly to the wall, but landed strangely on his right leg and fell to the ground. Unable to put weight on it, he was forced to exit the field on a cart and was sent to undergo an MRI soon afterward, the results of which have yet to be revealed.

While the Nationals have not specified the nature or severity of Kendrick’s injury, Martinez revealed that it’s located in the “lower part” of the outfielder’s leg and appears to be quite severe. He’ll likely be placed on the 10-day disabled list in the next couple of days, though the recovery process could take even longer.

Prior to the incident, Kendrick was off to a hot start this season. Entering Saturday’s doubleheader, he carried a batting line of .302/.331/.477 with 18 extra-base hits and an .808 OPS in 157 plate appearances. He went 1-for-3 on Saturday with a base hit in the seventh inning. Andrew Stevenson subbed in for Kendrick following the injury and has been tabbed to start in left field for the second game of the doubleheader at 8:05 PM ET.