Found December 17, 2008 on Vegas Watch:

Indians sign Kerry Wood for two years, $20.5MM, with a $11MM option for 2011 which will vest if he finishes 55 games in either 2009 or 2010.
Analysis: Szymborski, Law, Seidman.

The option only becomes a real burden if he meets the requirement this year, and then breaks down in 2010. Which is possible, but probably not much of a concern.

If this doesn't prove that it's a buyer's market for closers, I don't know what does. Not even in the terms of the contract, but just from the fact that the Indians -- who never sign anyone -- signed a *proven closer*.

As an Indians fan I'm excited, if only because they'll have someone competent to finish out games, rather than some clown throwing 83.

Considering the modest length of the contract, there really are an incredible number of unknowns. How injury prone is he? How relevant is his injury history as a starter at this point? Can he replicate anything close to last season's 84:18 K:BB ratio? I have no idea.

How would you rate the Indians' signing of Kerry Wood?
( polls)

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