Sean McAdam of Comcast New England reports that the Red Sox have agreed to a seven-year, $154 million extension with Adrian Gonzalez. The team plans to announce the deal at press conference later today.
This has been in the works for a long time. Many believe that it was agreed to in principle several months ago and was being held back due to luxury tax implications (i.e. if it was signed after Opening Day, the luxury tax hit won’t come until 2012). But it ain’t official until the ink is put to paper, and that has happened now.
Gonzalez’s $154 million deal would be the biggest contract John Henry has given out since taking over the Red Sox and the second biggest Red Sox contract ever, after Manny Ramirez’s $160 million deal. And in my view, it’s a good investment. Gonzalez seems tailor made for Fenway, and he is one of the best defensive first basemen in the game.