The Red Sox originally offered Victor Martinez two years and $21 million

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Remember back in September when we heard that the Red Sox offered Victor Martinez a two-year contract extension?

Even then we knew it wouldn’t get the job done, but now Nick Cafardo of the Boston Globe has the specifics. He reports that the BoSox offered him $21 million over the two years. It’s unclear if they expanded their offer since then.

Martinez is one of the most coveted free agents available this winter, so they’ll almost certainly need to do so if they hope to have any chance of keeping him. Cafardo writes that the Tigers and Rangers “have been the most interested,” but that the Mariners and Orioles are also in the mix.

All hypothetical, of course, but if given the choice to keep either Adrian Beltre or Martinez, I’d go with Beltre. Martinez turns 32 years old in December and has never been particularly good behind the plate. His offensive production looks great for a catcher, but less so as a DH or first baseman, where he’ll likely spend more time as he reaches his mid-30s. I would be very nervous if Jarrod Saltalamacchia opened the season as the team’s primary catcher, but the Red Sox could add an inexpensive veteran in the free agent market and still have the option to upgrade during the season.

Gallegos agrees to 2-year, $11M contract with Cardinals

Atlanta Braves v St. Louis Cardinals
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ST. LOUIS – Reliever Giovanny Gallegos and the St. Louis Cardinals agreed to a two-year, $11 million contract, a deal that includes a club option for 2025 and escalators that could make it worth $20.5 million over three seasons.

The 31-year-old right-hander is 3-5 with a 2.91 ERA and 14 saves in 20 chances this season. He has 72 strikeouts and 15 walks in 58 2/3 innings.

“I feel so happy,” Gallegos said before the Cardinals played the Pirates in Pittsburgh. “I don’t have the word for exactly how I’m feeling.”

He was obtained from the Yankees in July 2018 along with left-hander Chasen Shreve in the trade that sent first baseman Luke Voit to New York. Gallegos is 14-15 with a 3.02 ERA and 34 saves in six major league seasons.

Gallegos gets a $500,000 signing bonus and salaries of $4.5 million next year and $5.5 million in 2024. St. Louis has a $6.5 million team option for 2025 with a $500,000 buyout.

His 2025 option price can increase by up to $3.5 million for games finished in 2024: $500,000 each for 20-25 and 26-30 and 31-35, and $1 million apiece for 36-40 and 41 or more.

He would get $250,000 for winning the Rivera/Hoffman reliever of the year award, $50,000 for All-Star selection and World Series MVP and $25,000 for League Championship Series MVP.

Gallegos has a $2.41 million salary this year.

He was eligible for salary arbitration and is potentially eligible for free agency after the 2024 season.