Sox re-sign Jason Varitek

JE · Jan 30, 2009

http://sports.espn.go.com/mlb/news/story?id=3872796

It took nearly three months, but the Boston Red Sox have reached agreement to bring back catcher Jason Varitek on a one-year, $5 million contract, pending a physical and the execution of final details, two major league sources said Friday.

The contract would include a 2010 club option for $5 million. If the Red Sox decline their option, Varitek would hold a player option for $3 million.

There also is $2 million in potential incentives in the player option next year, which would be triggered if Varitek plays 80 to 120 games. If he were to play 120 games next year, he could earn $5 million even in the player option.

Under either scenario, the maximum total value of the contract could not exceed $10 million.

Varitek agreed to the Red Sox's final offer only after the club set a deadline of Friday for him to accept. Had he declined or not responded, the team was gearing up to trade for another catcher. Boston talked to the Rangers about Jarrod Saltalamacchia and Taylor Teagarden, to the Diamondbacks about Miguel Montero and to the Mets about Brian Schneider. They'd also kicked around a number of other names as fallbacks.
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Jason Varitek > Brian Schneider.

44Thrilla · Jan 30, 2009

This made me laugh. The Red Sox owned the shit out of Scott Boras. He turned down 11.5 million in arbitration and ended up having to settle for 5.

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Sox re-sign Jason Varitek

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