Cashman: "I'm thinking yes on Wood"

From Wallace Matthews:

The New York Yankees are likely to offer arbitration to Kerry Wood, opening the door to a possible return in 2011 for the right-handed reliever to once again serve as the set-up man for Mariano Rivera.

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"I'm thinking yes on Wood," Cashman said. "We'll do them a favor. If we put them into an arbitration setting, then we can take them out and make a fair market value offer to them."

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But offering arbitration is the first step toward re-opening negotiations for a return to pinstripes next year for Wood, 33, who has a long history of injury problems but remained healthy during his brief tenure as a Yankee.