The Cubs just traded Jose Ceda to the Florida Marlins for their closer Kevin Gregg. Gregg will presumably take over the 8th inning role that Carlos Marmol had in 2008 while Marmol becomes the team’s closer. It’s highly unlikely the Cubs re-sign Wood at this point. Gregg is arbitration eligible and he made $2.5 million in 2008. He’s likely to see an increase up to about $4 million for the 2009 season.
[UPDATE @ 2:45 PM] Jim Hendry has said the Cubs will part ways with Kerry Wood.
More to come later.


1. J (view all comments) — Nov 13, 2008 @ 03:51 PM
I would have rather the Cubs kept Wood over Dempster.
Better not fuck up the 2 draft picks by drafting 2nd basemen.