Red Sox president Larry Lucchino “disappointed” in failure to sign Jon Lester

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Red Sox president Larry Lucchino said of his team’s failure to sign then-free agent Jon Lester, “we’re disappointed” and “certainly have regrets”, reports John Tomase of the Boston Herald. Lester inked a six-year, $155 million contract with the Cubs earlier this week. The Red Sox had gone as high as $135 million over six years, which is two more years and $65 million more than they had offered Lester back in March.

“If he would have accepted [the $135 million offer], we’d have been very pleased,” Lucchino said.

Once Lester was off the market, the Red Sox signed Justin Masterson to a one-year deal worth $9.5 million, acquired Wade Miley in a trade with the Diamondbacks, and traded with the Tigers for Rick Porcello. As a result, the starting rotation is now set, but the Red Sox could still make an upgrade by moving a pitcher. Jon Morosi of FOX Sports suggests that Phillies ace Cole Hamels would still be a target if they can move Joe Kelly in such a deal.