| Report: Lackey Deal for 5 Years, $82.5M | 12.15.09 at 3:41 pm ET |
According to ESPN’s Buster Olney, the deal between the Red Sox and John Lackey is for five years and $87.5 million, or $17.5 million a year. If accurate, that average annual value (AAV) would be $1 million a year greater than the $16.5 million AAV that right-hander A.J. Burnett received from the Yankees with the five-year, $82.5 million deal he signed last offseason. (UPDATED at 3:48 p.m.: Olney later issued a correction that the deal was for five years and $82.5 million, the exact amount of Burnett’s deal.)
Since GM Theo Epstein took over the club, the Sox have not signed a player to a contract of more than $70 million. That standard was set with the five-year, $70 million deal signed by outfielder J.D. Drew following the 2006 season. Lackey would also join Drew as the only free-agent whom the Sox have signed for as many as five years.
Daisuke Matsuzaka signed a six-year, $52 million deal after the Sox won their posting bid for him, but the Japanese right hander was not dealing with a free market. The team has signed homegrown players Jon Lester (5 years, $30 million) and Dustin Pedroia (6 years, $40.5 million) to deals of comparable length before either was eligible for free agency.
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