Jason Veritek will continue calling the shots behind the dish for Red Sox

BOSTON -- The Boston Red Sox wrapped up their offseason bargain hunting Friday by reaching a preliminary agreement with catcher and captain Jason Varitek that pays him half as much in 2009 as he made last season.

Varitek heads into his 13th major league season, all with the Red Sox, with a guaranteed $5 million for 2009 and a player option of $3 million or a team option of $5 million for 2010, two people familiar with the talks said, speaking on condition of anonymity because the agreement was not yet final.

That's quite a drop from the four-year, $40 million deal that ended after last season and less than he would have made had he accepted the team's offer of arbitration in early December.

The Red Sox handed out cheaper, one-year deals to pitchers John Smoltz ($5.5 million) and Brad Penny ($5 million) and outfielder Rocco Baldelli ($500,000). They also signed catcher Josh Bard, who made $2.2 million with San Diego last season, and reliever Takashi Saito, who was paid $2 million by the Los Angeles Dodgers last season.

Varitek came relatively cheap, in part because there was no great demand for his services after the worst offensive season of his career. If he plays under the player option, he could earn an additional $2 million in 2010 based on games started: $400,000 each for 80, 90, 100, 110 and 120 games.

Widely praised throughout his career by Boston's pitchers for his skill in handling them, opposing hurlers usually fared well when Varitek came to the plate last year. The switch-hitter, who turns 37 on April 11, hit. 220 with 13 homers and 43 RBI in 131 games. For his career, he is batting .263 with 161 homers and 654 RBI in 1,330 games

Varitek also struggled trying to throw out base-stealers. They had an 81.2 percent success rate against him last season, worse than 19 other major league catchers.

With pitchers and catchers due to report to spring training Feb. 12, the Red Sox set a deadline of Friday for Varitek to accept or reject their offer. Their only catcher with considerable major league experience was Bard, and there was a chance they'd have to keep George Kottaras or Dusty Brown, who split time at Triple-A Pawtucket last year, as their No. 2 catcher.

Varitek, an All-Star in 2003 and 2005, had declined the Red Sox offer to go to arbitration, which would have resulted in a non-guaranteed one-year contract if no agreement was reached before a hearing. The team decreased his desirability to other clubs because the offer of arbitration requires a club to give up a first-round draft choice if it signed Varitek.

Varitek is the Red Sox career leader in games at catcher with 1,273. Carlton Fisk, who also played with the Chicago White Sox, is second with 990 games with Boston. Varitek was obtained on July 31, 1997, in one of the most lopsided trades in Red Sox history -- they also picked up pitcher Derek Lowe from the Seattle Mariners for reliever Heathcliff Slocumb.

http://payneinsider.com/

Boston Red Sox ink John Smoltz and company

BOSTON -- John Smoltz and Brad Penny are on their way to the Red Sox. Rocco Baldelli was already in Boston, holding up his new jersey.

After missing out on Mark Teixeira, the biggest free-agent prize of the offseason, the Red Sox were poised to make a series of smaller deals that would essentially complete their roster. They announced Baldelli's signing on Thursday night at the annual dinner of the Boston Baseball Writers Association, with more news expected soon.

"I think you'll see us now turn to players who we can take chances on, players who represent potential impact players," Red Sox general manager Theo Epstein said. "We still have some things going on."

Epstein would not confirm the deals for Smoltz or Penny, but as he spoke Penny was on his way out of Boston after completing his physical. The two-time All-Star, a native Oklahoman, was off to watch the Sooners play in the Bowl Championship Series title game against Florida.

Smoltz, who spent his first 21 years with the Atlanta Braves, reached a preliminary agreement with the Red Sox worth about $5 million, according to a person familiar with the negotiations, speaking on condition of anonymity because the final paperwork had not been completed. The person said Smoltz will have the chance to earn another $5 million in performance bonuses. The deal was expected to be announced next week.

"I was going to withhold comment until the announcement of my signing with a new team," Smoltz said in a statement issued through his agent, "but I now feel the need to clear up any misconceptions and inaccuracies about the contract negotiations between myself and the Atlanta Braves. There were large discrepancies between the offer from the Braves and offers from other teams."

The Red Sox are also negotiating with Mark Kotsay to return as a backup first baseman and outfielder. They are also pursuing a catcher, while holding out the possibility that Jason Varitek could return or be replaced by a platoon that played at Triple-A last year.

The Red Sox agreed to pay Baldelli $500,000 for 2009, taking a chance on a player who spent most of last season on the disabled list for the AL champion Rays. The 27-year-old batted .263 with four home runs and 13 RBI in 28 games after being diagnosed with a mitochondrial disorder that causes chronic muscle fatigue.

Further tests, however, and a recent visit to the Cleveland Clinic led to what Baldelli called a "refined" diagnosis of channelopathy, a protein irregularity considered more treatable and less severe.

"The results were positive," he said. "It was something I was definitely excited about for my personal health and for my career.

"I think once I get to spring training and get to my feet again, I'll know a lot more," said Baldelli, who received the Tony Conigliaro Award on Thursday for overcoming adversity with courage and determination. "I anticipate being able to do more than I did last year."

A Rhode Island native who homered against Boston in the Rays' Game 3 victory during the AL championship series and had a go-ahead single in the seventh game, Baldelli can earn $7 million in bonuses.

http://payneinsider.com/

Boston Red Sox finally get in on the off-season action

After saving millions when they couldn't sign free-agent first baseman Mark Teixeira, the Boston Red Sox appear to have banked another penny.

Boston media outlets are reporting that the team has agreed to terms with free-agent pitcher Brad Penny. The right-hander will received a one-year, $5 million deal and can earn an additional $3 million for throwing more than 160 innings.

Looking to add a catcher, the Red Sox also agreed to a non-guaranteed major league deal with Josh Bard, the Boston Herald reported. The deal is worth $1.6 million, the newspaper said.

While battling shoulder problems last season, Penny struggled to a 6-9 record with a 6.27 ERA for the Los Angeles Dodgers. That followed his two most productive major league campaigns. He went 16-4 with a 3.03 ERA in 2007, was name to the All-Star team and finished third in Cy Young voting. In 2006, he was 16-9 with a 4.33 ERA and also made the All-Star team.

In nine years, Penny is 94-75 with the Dodgers and Florida Marlins.

The Red Sox, who lost to the Tampa Bay Rays in the AL Championship Series last season, have been looking to shore up a rotation that includes Daisuke Matsuzaka, Jon Lester, Josh Beckett and Tim Wakefield.

http://payneinsider.com/

The New York Yankees do it again by signing Teixeira

The New York Yankees swooped in Tuesday and hooked prized free agent Mark Teixeira, reaching agreement with the first baseman on an eight-year contract worth $180 million, three sources involved in the negotiations told ESPN The Magazine's Buster Olney.

The agreement, which is subject to a physical, includes a signing bonus of about $5 million and a complete no-trade provision, The Associated Press reported.

The Yankees had made an offer to Teixeira weeks ago, but then withdrew it; their intention all along was to make an offer, which they did formally on Tuesday, if it fell within parameters acceptable to the organization. The contract will pay Teixeira, who made it clear he wanted to make a decision on where to play next season and beyond by Christmas, an average of $22.5 million per season.

The Yankees had $88.5 million coming off the books (included in that total -- $23.4 million on Jason Giambi, $16 million on Bobby Abreu, and $11 million to both Mike Mussina and Carl Pavano), and even with the Teixeira contract, they expect their payroll to fall below $200 million. New York has committed $423.5 million in salary in the last month, with $161 million going to left-handed pitcher CC Sabathia ($23 million over seven years) and $82.5 million to right-hander A.J. Burnett ($18.5 million over five) last week alone.

The deal also virtually eliminates any chance that free-agent outfielder Manny Ramirez has a landing place with the Yankees. New York does have money left to add another starting pitcher, most likely veteran left-hander Andy Pettitte at $10 million if he agrees to terms soon.

Teixeira's salary gives the Yankees, who are preparing to move into their $1.3 billion new ballpark in April, the four highest-paid players in Major League Baseball, including third baseman Alex Rodriguez, shortstop Derek Jeter and Sabathia.

Teixeira's agreement also comes just one day after the Yankees received a $26.9 million luxury tax bill for 2008, when their streak of 13 consecutive playoff appearances ended. But with the revenue from their new stadium, where tickets are priced at up to $2,500 per game, their appetite for free agents wasn't diminished.

Just 28, Teixeira is the type of hitter the Yankees hope will revive an offense that dropped from a major league-leading 968 runs in 2007 to 789 last season. The switch-hitter batted a combined .308 with 33 homers and 121 RBIs for the Atlanta Braves and Los Angeles Angels, who acquired him July 29. He is also a two-time Gold Glove winner.

The Yankees landed Teixeira at a time it was believed the Boston Red Sox or the Washington Nationals were the likeliest to be his future employer. The Red Sox's offer was believed to be in the range of $170 million, and the Nationals reached out with an offer perhaps greater than that of Boston.
Red Sox executives met with Teixeira and agent Scott Boras last week and were told they were being outbid. Teixeira, who is from Maryland, also had discussed signing with the Baltimore Orioles.

"We would have loved to have had the player, who appealed to us because of the special circumstances of where he's from and where we are. We diverted from our plan to try to get him," Orioles president of baseball operations Andy MacPhail said. "But at the end of the day, it was just too much to pay for one player. It would handicap our ability to go forward."

The Nationals also held talks. General manager Jim Bowden said his team's owners "demonstrated their commitment to win, when they stepped up in negotiations ... at the highest level."

"We are disappointed we weren't able to sign him," Bowden wrote in an e-mail to the AP on Tuesday, "and will now turn our attention to several other opportunities to improve our major league club this offseason."

The Angels made an eight-year offer during the winter meetings but withdrew it last weekend.

Teixeira will replace a void in the Yankees lineup created by the departures of Giambi and Abreu, who became free agents. It also creates a logjam for New York, which acquired first baseman Nick Swisher last month in a trade with the Chicago White Sox.
Johnny Damon, Hideki Matsui, Melky Cabrera, Brett Gardner and Xavier Nady. Matsui currently is likely to be the designated hitter much of the time.

http://payneinsider.com/