Dodgers may wait until early December to negotiate with Korean left-hander Ryu Hyun-Jin

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Via Dylan Hernandez of the Los Angeles Times:

The Dodgers could wait until after the winter meetings to decide whether to sign South Korean pitcher Ryu Hyun-jin, team President Stan Kasten said Monday.

The Dodgers paid $25.7 million for the right to negotiate with Ryu. If they do not sign him by Dec. 10, they get their money back.

“That’s a decision that doesn’t have to be made until after the winter meetings are over,” Kasten explained to Hernandez.

The Dodgers want to see how the free agent market is shaking out before committing to Ryu for 2013 and beyond. Which only makes sense. The 25-year-old southpaw is thought to be major league-ready, but Los Angeles’ ownership has deep pockets and might be able to find more certainty down in Nashville.

Blake Wood has a damaged UCL

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Jeff Fletcher of the Orange County Register reports that Angels reliever Blake Wood underwent an MRI and was diagnosed with a damaged ulnar collateral ligament. Wood will seek further opinions before a course of treatment is decided. Tommy John surgery is a possibility.

Wood, 32, had been on a rehab assignment with High-A Inland Empire and has been on the disabled list since April 22. Prior to the injury, Wood compiled a 2.31 ERA with a 10/7 K/BB ratio in 11 2/3 innings.

Keynan Middleton recently underwent Tommy John surgery to repair a damaged UCL, so it’s not been a great time to be a member of the Angels’ bullpen.