I think the question is whether or not Fitz sees Wood as a core piece.
Wood is 25, a physical force, and the leading goal scorer for the team (though Zacha is catching up). Historically, power forwards can take longer to develop. That said, Wood's shooting 15% this year vs career average 9%, so perhaps there's a good bit of luck involved in Wood's results.
Still, if Wood can settle in at 11% shooting and takes 150 - 170 shots per year, that gets you 15 - 20 goals from a pretty good bottom 6 agitator.
Looking at the return for Coleman: Foote is 20 and doing fine in the AHL. But, so far it doesn't seem like he's a lock to make the Devils next year, and certainly not as a top 6 winger (NHL quality, not Devils quality). Muk is 19 and who knows if or when he makes it.
If Fitz thinks the drop off from Wood to Merkley isn't that big, then pull the trigger. Taking shot at getting a Konecny or Kempe, or even lucking into a Pastrnak is good. But the reality is that we're more likely to end up with Quenneville, Matteau, or McLeod.