Boston exercises Martinez option, declines Varitek

BOSTON (AP) - The Red Sox have exercised their $7.7 million option on Victor Martinez and declined options on Jason Varitek and Alex Gonzalez. They also agreed to a $5 million, two-year contract with 43-year-old knuckleballer Tim Wakefield, replacing a perpetual $4 million annual club option. The moves on the options were expected after Boston obtained Martinez from the Cleveland Indians on July 31 and he replaced Varitek as the starting catcher. The club option for Varitek was worth $5 million, but he can stay with the team if he exercises his read more

NECN | November 9, 2009

Tags:. .knuckleballer. .perpetual. .catcher. .martinez. .gonzalez