Cubs, Wood avoid arbitration
A person familiar with the situation said Friday that the deal is for $3.9 million. The person spoke on the condition of anonymity because the terms were not announced by the team.
Wood was the Cubs' most consistent starter last year and made the All-Star team, going 9-12 with a 3.11 ERA. Wood had filed at $4.25 million with the team countering at $3.5 million.