Found November 09, 2009 on ESPN:
Picimg_mlb_apr_15_b981
The Red Sox reportedly picked up Victor Martinez's $7.1 million team option, declined Jason Varitek's $5 million team option, and tore up Tim Wakefield's team option and replaced it with a two-year agreement.
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Wake's Back For Two More

The Red Sox and Tim Wakefield reached agreement on a two-year deal today that will pay Wake $5 million for 2010 and 2011 plus incentives.Wake now gets a serious shot at the Red Sox record for wins in a career, as he is just 17 wins away from tying Cy Young and The Texas Con Man's record.The Sox also exercised the option on Victor Martinez for 2010, and declined the options on...

Wakefield Contract Change

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Wakefield Signs a Two-Year Deal

Tim Wakefield renegotiated his perpetual team option deal and instead will have a guaranteed two-year 5 million dollar contact, which he signed on Monday. Wakefield will turn 44 in the middle of next year and has 189 wins. The deal gives him a solid shot at 200 wins for his career. Additionally [...]

Red Sox Looking to Spend Big?

Peter Abraham wonders if the Red Sox are going to go after high priced players this winter: So we’re talking to Theo Epstein Monday afternoon and he mentions that restructuring Tim Wakefield’s deal will save the Sox $1.5 million on the CBT, which is GM-speak for the payroll luxury tax, or collective bargaining tax. “That’s important because [...]

Wakefield Re-Signed For Two Years; Varitek’s Option Declined

Rather than exercise the annual $4 million option on Tim Wakefield, the Boston Red Sox have re-signed him to a 2-year deal worth $7 million. They also announced they have declined the $5 million option on Jason Varitek’s contract. Varitek still holds a $3 million team option that includes $2 million in incentives based on [...]

Red Sox, Wakefield Finalize Two-Year Contract

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Red Sox Make Decisions on Martinez, Wakefield, Varitek

by Andrew JohnsonFiled under: Red Sox, MLB TransactionsThe Red Sox made a flurry of contract decisions on Monday as they hurtle headlong into the Hot Stove season. Boston picked up its 2010 option on Victor Martinez, and declined options on longtime catcher and captain Jason Varitek and knuckleball pitcher Tim Wakefield, renegotiating a two-year extension with Wakefield at a low...

Wakefield to Wear Red Sox for Two More Years

The Red Sox and knuckeballer Tim Wakefield have signed a two-year deal worth $5 million: $3.5 million for 2010 and $1.5 million for 2011. This was a good decision for both the Red Sox and Tim Wakefield. How It Helps the Red Sox Tim Wakefield has been a very good pitcher for the Red Sox. Up until [...]

Red Sox Vets Are Sticking Around: Wake and Tek Both to Return for 2010

So it looks like a couple of long, long time teammates will be teammates at least a little longer still. The Red Sox didn't just pick up Tim Wakefield's option for 2010, (which would have been ...Read the full article on Bleacher Report...

Boston Red Sox reportedly picked up Victor Martinez's option for 2010

The Red Sox reportedly picked up Victor Martinez's option for 2010.

BoSox exercise Martinez option, decline Varitek

BOSTON (AP) -- The Red Sox have exercised their $7.7 million option on Victor Martinez and declined options on Jason Varitek and Alex Gonzalez.

Red Sox exercise Martinez option, decline on Varitek

The Red Sox exercised their $7.7 million option on Victor Martinez and declined options on Jason Varitek and Alex Gonzalez on Monday.

Zaun on the Market

Does your team need a catcher for 2010? Well, you might be in some trouble. With Victor Martinez’s option picked up today (and Jason Varitek exercising his player option), here’s a list of free agent catchers who received more than 200 PAs last year. Rod Barajas TOR (B) Josh Bard BOS Henry Blanco SD Ramon Hernandez * [...]
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