Cubs Close To Deal With Kerry Wood33-year-old Kerry Wood, who struck out 49 in 46 innings this past season with the Indians and Yankees, is close to signing a two-year deal with his former team, the Chicago Cubs.
Yankees, Mark Prior Finalize Minor League DealThe Yankees have finalized their minor league contract with right-hander Mark Prior, who is trying to make it back to the major leagues for the first time since 2006.
Yankees Finalize Rivera Contract, Sign PriorMariano Rivera and the New York Yankees have finalized their $30 million, two-year contract. The Yankees also agreed to a minor league contract with right-hander Mark Prior.
No Deal For Lee...YetThe Cliff Lee sweepstakes continue to heat up. WFAN's Jon Heyman reports the Yankees will make a "very strong" six-year offer on Wednesday.
Yankees, Lee's Agent Meet; Pettitte Mulling RetirementThe Yankees turned their attention to Cliff Lee as the winter meetings began, having all but finished negotiations to re-sign Derek Jeter and Mariano Rivera.
Sweeny Says: The Latest On LeeBrian Cashman and Darek Braunecker had their first face-to-face conversation of the Winter Meetings Monday. Neither party would say exactly what they discussed regarding Cliff Lee, the premier free agent pitcher on the market.
Steinbrenner: Yankees 'Made Guys Very, Very Rich' Hank Steinbrenner has a message as the New York Yankees negotiate to re-sign Derek Jeter and Mariano Rivera.
Heyman: No Arbitration For Jeter, YankeesThe Yankees have decided to decline arbitration for high-profile free agent Derek Jeter, reports WFAN's Jon Heyman.

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