Red Sox, David Ortiz agree on two-year, $26M contract

Saturday November 3rd, 2012

Multiple sources are reporting that the Red Sox and David Ortiz have agreed to a two-year contract worth $26 million plus incentives that could reach $30 million.

The Red Sox and Ortiz's representative, Fernando Cuza, have been talking about a two-year deal since the season ended and, according to a source, have gotten closer to deal in the last two days. Ortiz got a boost in his negotiating leverage when it was reported Thursday night that the Texas Rangers view Ortiz as a free-agent target.

Texas views Ortiz as a potential replacement for its own free agent, outfielder Josh Hamilton, in that Ortiz could give the Rangers power production from the left side should Hamilton sign elsewhere.

Rangers general manager Jon Daniels said Friday the club will make a qualifying offer to Hamilton in order to recoup a draft pick of compensation if he signs elsewhere.

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