The Chicago Cubs made it official Friday, bringing former staff ace Kerry Wood back to the North Siders on a one-year, $1.5 million deal. The favorable contract for the Cubs allows the team the financial flexibility to add more pitching help. Wood will be introduced during a news conference at 3 ET. Wood, 33, passed his physical Thursday and rejoins a team that selected him fourth overall in the 1995 draft. He ranks fourth in franchise history in strikeouts. He signed with the Cleveland Indians as a free agent in December 2008, but he maintained his residence in Chicago, where he and his family will live full time. Read more: http://sports.espn.go.com/chicago/mlb/news/story?id=5929709
