Report: Red Sox offer Jon Lester six years, $110-120 million

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Gordon Edes of ESPN Boston reported Wednesday morning that the Red Sox had made an offer to free agent starter Jon Lester. And now Nick Cafardo of the Boston Globe has been clued in on the terms that were presented: “According to a major league source,” tweets Cafardo, “the Red Sox offer to Lester falls into $110-$120 [million] range over six years.”

Lester and his agent can now shop that around to other interested teams. It’s by no means a final offer from Boston, and while six years seems about right it wouldn’t be shocking to see the final price tag soar near $150-$160 million. The Cubs are known to have heavy interest in Lester, and the Braves and Cardinals have both been linked to the pursuit over the past week.

Lester, 30, registered a 2.46 ERA, 1.10 WHIP, and 220/48 K/BB ratio in 219 2/3 innings this past year between Boston and Oakland. The left-hander was not eligible for a qualifying offer because he was traded midseason, so his free agency is not tied to draft pick compensation — making him all the more attractive.