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Posted By: Stufflestreet, Chris

The Veterans' Committee meets every two years to vote on players. For managers, umpires and executives, they are voted on every four years (next time for them -- 2007).

As for Wood being the oldest...I'm under the impression that the "old-timers" are being passed over because of the memories of those doing the voting. That's why good players who shouldn't be in the running (Oliva, Colavito, etc.) are up for this vote but not more deserving guys like Cecil Travis or Lefty O'Doul.