Jason Varitek and the Red Sox have agreed to a one-year contract with an option, a baseball source confirmed to the Globe's Tony Massarotti.
Varitek will earn $5 million in 2009, with the club holding a $5 million option for 2010. If the Red Sox do not pick up that option, Varitek has the choice of remaining with the club on a $3 million deal. In '10, he can earn another $2 million in incentives based on playing time, beginning at 80 games started.
Thus, the potential total value of the deal increases from $8 million-$10 million to $10 million-$12 million. The incentives apply to both the team and player options for 2010.
January 30, 2009
Varitek, Red Sox Agree on Contract
by allan at 2:25 PM