Red Sox Rumors: Bay, Wagner, Beckett, V-Mart

GM Theo Epstein says the Red Sox and Jason Bay have yet to make "significant developments" according to Michael Silverman of the Boston Herald. Here are the details and the rest of Silverman's rumors: Epstein expects Bay to explore free agency, but the Red Sox are willing to wait for the left fielder to do so, at least to an extent. The Red Sox may bring Alex Gonzalez back. They turned down his $6MM option earlier in the week, but the sides could agree on a deal that guarantees the 32-year-old less money. The Red Sox are open to signing Victor Martinez and Josh Beckett to long-term deals, but any such extensions aren't likely to be finalized until much later in the offseason. Epstein expects Billy Wagner to look for a closer's job. He'll have to find a team willing to give up a draft pick if the Red Sox offer him arbitration, since he's a Type A free agent. The Red Sox may bring Rocco Baldelli back.