The Cleveland Plain Dealer reports that Kerry Wood is now the Indians closer.
Wood, 31, passed his physical Thursday in Cleveland and the Indians signed him to a two-year deal worth an estimated $20 million. The deal, which will be announced later today, includes an option for a third year that contains a vesting mechanism.
The Indians and Wood, 34-for-40 in save situations last season for the Cubs, reached an agreement earlier this week at the winter meetings. The deal, however, was contingent on Wood passing a physical. Wood has a history of arm injuries, but none of the closers the Indians pursued this winter were risk free.
Wood went 5-4 with a 3.25 ERA in 65 appearances last season. He struck out 84 and walked 18 in 66 1/3 innings. He made the All-Star team and limited hitters to a .219 batting average.
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