According to a report from the Chicago Sun-Times, the Cubs declined to offer arbitration to Kerry Wood on Monday. With failing to offer Wood arbitration, they will not receive draft compensation in next year’s draft for losing Wood to free agency. Wood is a Type-A free agent and the Cubs would have received two picks in the 2009 draft.
Update 8:02pm C.T. with Additional Information – Bobby Howry, Jim Edmonds and Daryle Ward not offered arbitration.
The Cubs, as expected, did not offer arbitration to Bobby Howry, Jim Edmonds and Daryle Ward.