Adrian Gonzalez, Red Sox agree on a seven-year, $154 million deal

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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.

Report: Yankees close to signing Gio González to minor league deal

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Jon Heyman reports that the Yankees are close to signing starter Gio González. Per Ken Rosenthal of The Athletic, the deal is of the minor league variety that will pay González $3 million if he makes the major league roster.

González, 33, made 27 starts for the Nationals before being sent to the Brewers ahead of the now-defunct August 31 waiver trade deadline. In aggregate, González went 10-11 with a 4.21 ERA and a 148/80 K/BB ratio in 171 innings. He was solid in his five starts with the Brewers, going 3-0 with a 2.13 ERA.

Neither Luis Severino nor CC Sabathia will be ready for the start of the season, so González will add some immediate depth at the back of the Yankees’ rotation. Sabathia will likely return before Severino. When that happens, González may be pushed out of the rotation.