Local radio station WEEI is reporting that the Red Sox have offered Jason Varitek a 1 year deal worth $5 million with a club option for a second year valued at $5 million or a player option for $3 million.
The Sox have apparently set a deadline for Tek and Boras to accept the offer, however no date has been reported.
The Red Sox are holding all the cards in this negotiation. No other team is going to give up a 1st round draft pick and then pay Tek $10 million/year. Typically Boras plays every card in the deck claiming there are multiple offers on the table and mystery teams, however everyone knows that is not the case this time. Theo is fine sitting quietly waiting for an answer.
In my opinion this is a great deal for a 37 year old catcher on the downside of his career, especially offensively. To expect Jorge Posada type money, 4 years $52 million, wasn't realistic. The Yankees aren't even sure if Posada will be able to catch this year coming off shoulder surgery.