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Source: Kerry Wood set to rejoin Cubs

Updated: December 16, 2010, 6:55 PM ET
By Bruce Levine | ESPNChicago.com

CHICAGO -- Right-handed pitcher Kerry Wood will return to his roots with the Chicago Cubs pending a favorable physical report by Cubs team doctors, according to a source familiar with the situation.

The base salary for Wood's one-year contract will be $1.5 million, according to a major league source. The deal is still not complete and there are some minor details to work out on the contract, including performance and award bonuses, according to the source.

Wood and his family were ...

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