From rotoworld:

The Cubs are expected to buy out their $13 million option on Kerry Wood for 2007.
Wood would receive $3 million in the buyout and then the Cubs will try to re-sign him for a much lower base salary with a deal that included many incentives. Wood, out of a sense of obligation, wants to return, but if another team dangles enough money and the promise of returning to the rotation in 2008, he'd have to take the offer.

If you were Wayne Krivsky, would you make an offer to try to lure Wood away from the Cubs? Perhaps to be the team's closer?