The club was internally discussing the results of Wood's physical and had no word Friday on whether they've reached agreement with the free agent closer on a contract. The Indians offered Wood a two-year deal worth about $20 million earlier this week in Las Vegas. It includes a third-year option.
General manager Mark Shapiro said the club was still working toward a deal. He is expected to have an update during a teleconference on Saturday.
The 31-year-old Wood has a long history of arm and elbow problems and the Indians wanted to make sure their investment was the right one. Wood had his physical on Thursday in Cleveland, but has returned to his home in Arizona.
Wood, who has had Tommy John surgery on his right elbow, has been on the disabled list 12 times in 10 years. The former starter saved 34 games in 40 chances last season for the Chicago Cubs. While not the flame thrower he once was, the right-hander's fastball still clocks consistently over 90 mph.
The Indians targeted their bullpen as their primary offseason need and acquired setup man Joe Smith earlier this week in a three-team trade.