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Cubs, Wood agree to $3.9 million deal

The SportsXchange

The Chicago Cubs and pitcher Travis Wood agreed to a one-year, $3.9 million contract Friday, according to ESPN Chicago.

By agreeing to the deal, the two sides avoided salary arbitration.

Wood, 26, went 9-12 but had a 3.11 ERA in 32 starts and was selected to the National League All-Star team last year. He made $527,500, barely above the league minimum.

No Cubs have gone to arbitration since the new front office took over following the 2011 season. The Cubs avoided arbitration last week with outfielder Nate Schierholtz, infielder Luis Valbuena and relievers James Russell and Pedro Strop. Each signed one-year deals.

However, the team has not agreed to terms with right-hander Jeff Samardzija, second baseman Darwin Barney and outfielder Justin Ruggiano, and the sides have exchanged salary arbitration figures. Hearings are scheduled for early next month but deals can be made before and during the hearings.
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