It appears inevitable that Millwood will sign with Cleveland. I think everyone knew he wouldn't be back with the Phils this coming season. The Phillie's mailbag mentions the Javy Vasquez to the Phils rumor for a number of diferent players. Vasquez would be a nice adition to the staff, but he still isnt a number one.
While we're at it, there's speculation regarding him (Wolf) possibly being dealt to Arizona as part of a package (Ryan Howard?) for Javier Vazquez. At this point, it's tough to say how likely that is, but Vazquez isn't even a Diamondback yet. If Vazquez ends up in the desert, Arizona will entertain offers, and the Phillies have coveted the right-hander for some time.
Link: Millwood Close to Cleveland.
Update: The Indians' negotiations with Millwood are moving slowly toward a conclusion, and General Manager Mark Shapiro was quoted on Saturday as saying that "We should know something by the middle of next week," the Cleveland Plain Dealer reports.