Lance Berkman, Kerry Wood out

Updated: October 27, 2010, 6:01 PM ET
By Wallace Matthews | ESPNNewYork.com

NEW YORK -- As expected, the Yankees declined to pick up the options of Lance Berkman ($15 million), Kerry Wood ($11 million) and Nick Johnson ($5.5 million with a $250,000 club buyout) on Wednesday.

But at least one of them, Wood, might still have a future in pinstripes if the Yankees can negotiate a free-agent deal with him this winter. Acquired at the trade deadline from the Cleveland Indians, the 33-year-old Wood became a valued member of the Yankees bullpen, supplanting Joba Chamberlain ...

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