Interesting article written by Satchel Price
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This is a great move for the Pirates. Cedeno is a bad player on a bad club with little potential and no future on the team. He's not going to part of the next winning Pirates team, and it's not even clear that the next good Pirates shortstop is even in the organization yet. Rodriguez is younger than Cedeno but has practically no chance of turning into a regular, and d'Arnaud seems far more likely to stick as a regular at second base than at short. They would have to get rid of Cedeno or Rodriguez to make room for him, but neither player has the kind of long-term potential that would make this a serious concern.
There are a lot of things going against Wood, let's be clear. His contact issues are very serious, and we've probably never seen anyone play as bad as Wood has and develop into a good player. But he's only 26, his minor league numbers have always been exceptional, and clearly scouts haven't totally given up on him because people continue to talk about him so much.
The risk here for the Pirates- getting awful production from their shortstop, which they're already getting- is almost non-existent. And the potential reward- a shortstop capable of hitting 20+ homers on the cheap- is massive. For a team that's already firmly in the non-contender category, this kind of risk seems like a good one.