1/9 Kerry Wood to make decision

Kerry Wood expects to announce Friday if he’s returning to the Cubs. Wood told NBC-5 Chicago on Sunday night he’ll make a decision by then, which is when the Cubs Convention opens and also when he hosts a fundraiser for his foundation in Chicago. The Phillies are reportedly interested in the right-hander, according to ESPN.com. Before the 2011 season ended, Wood said he will retire rather than pitch for another team. However, the Cubs and Wood apparently have been unable to agree on length of contract or money. Wood gave the Cubs a hometown discount when he signed a $1.5 million contract last December. Jim Salisbury of CSNPhilly reports Wood is seeking around $4 million. The 34-year-old right-hander was 3-5 with a 3.35 ERA in 55 games last season, which ended in mid September after he suffered a torn meniscus in his left knee. He had surgery in October.

– Carrie Muskat