Wood landed awkwardly in a marking contest and took no further part in the match, with fears he may miss the rest of the season.
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However, Bulldogs’ general manager of football Graeme Lowe said the injury is not as bad as first thought.
“Woody had scans this morning and the good news is there is no bone damage but he does have a medial ligament injury that we need to address,” Lowe said.
“He’s going to be in a CAM boot for the next seven to ten days, and once his CAM boot is removed, then we’ll determine his return to play, but we’re optimistic that he can play a part in our finals series.”
Meanwhile, veteran defender Dale Morris is expected to return this weekend against Fremantle.