Major League Baseball

Yankees acquire Wood from Indians

Published Jul. 31, 2010 1:00 a.m. ET

share

facebookxredditlink

foxsports

Wood, a hard-throwing, 33-year-old righty, gives the Yankees another setup option alongside Joba Chamberlain for closer Mariano Rivera.

The Yankees sent Cleveland a player to be named or $500,000, and the Indians gave New York $2,172,131. New York will pay $1.5 million of the $3,672,131 remaining on Wood's $10.5 million salary this year. His contract includes an $11 million team option for 2011.

New York also finalized its deal to obtain designated hitter Lance Berkman from Houston along with $4 million for reliever Mark Melancon and minor-league infielder Jimmy Paredes.

Wood was activated from the disabled list by the Indians on Saturday. He had been sidelined by a blister on his right index finger.

It was his second time on the DL this year. He didn't pitch until May 8 because of a strained muscle in his upper back.

Wood was 1-4 with a a 6.30 ERA and eight saves in 23 relief appearances for Cleveland.

Cleveland has until Oct. 15 to decide whether to select a player from a designated list or to take the cash.

share

Get more from Major League Baseball Follow your favorites to get information about games, news and more

in this topic

Major League Baseball