Friday, February 21, 2014

2016 Vesting Option Added To Ortiz Extension?

(FenwayNation Photo)
It looks as if the Red Sox are not only willing to extend David Ortiz beyond the 2014 season—they may also add a vesting option for 2016. The least likely scenario is a straight-out two-year extension of his 2014 $15 million contract. According to multiple reports—including most recently by John Tomase of The Boston Herald—the team also might consider a "perpetual mutual option" approach, similar to the arrangement the Red Sox had with Tim Wakefield. Whatever happens will likely happen soon—although the announcement may be delayed until Opening Day to mitigate any impact on the team's luxury tax position.