The Indians announced Saturday that Wood will take the place of Austin Kearns, who was traded Friday to the New York Yankees.
Wood was placed on the disabled list earlier this month for a blister on his right index finger. It was his second time on the DL this year. He didn't pitch until May 8 because of a strained muscle in his upper back.
It's possible that Wood could be dealt to a contender before Saturday's 4 p.m. trading deadline.
(This version CORRECTS deadline in last paragraph.)