The Cubs re-signed 30 year-old free agent Kerry Wood to a one-year, $4.2 million deal which includes additional incentives for closing games. The fragile former right-handed starter, who turned down multi-year offers from other clubs to stay with Chicago, will be given an opportunity to become the club’s closer.

On November 26, 2007 — The Cubs re-signed 30 year-old free agent Kerry Wood to a one-year, $4.2 million deal which includes additional incentives for closing games. The fragile former right-handed starter, who turned down multi-year offers from other clubs to stay with Chicago, will be given an opportunity to become the club’s closer.

Sources:
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