Posted: Friday November 2, 2012 9:10 PM

AP source: Red Sox, Ortiz strike $26M, 2-year deal

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BOSTON (AP) - The Red Sox have agreed to terms with designated hitter David Ortiz on a two-year deal worth $26 million that could allow the biggest star of the franchise's cathartic 2004 World Series victory to retire in a Boston uniform.

A baseball official with knowledge of the negotiations said Friday night that the sides reached agreement on a deal that, with incentive bonuses, could bring Ortiz $30 million in the 2013 and '14 seasons. The official spoke to The Associated Press on the condition of anonymity because the deal had not been signed.

Red Sox president Larry Lucchino said the team had nothing to announce. Ortiz' agent, Fern Cuza, did not immediately respond to a request for comment. Speaking at the Celtics' home opener against the Milwaukee Bucks on Friday night, Ortiz said, "We haven't finished it up yet.''

"It's coming,'' he said as he walked back to his courtside seat at the TD Garden "It's coming.''

Ortiz was a free agent and able to discuss money with all teams at midnight. The Red Sox made him a $13.3 million qualifying offer, but the sides continued negotiating and reached an agreement a few hours later.

Ortiz batted .318 with 23 homers and 60 RBIs while missing almost half the season due to a strained right Achilles tendon.

Boston did not make qualifying offers Friday to right-handers Aaron Cook, Daisuke Matsuzaka and Vicente Padilla; first baseman James Loney; and outfielders Scott Podsednik and Cody Ross.

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AP Sports Writer Howard Ulman contributed to this report.

 
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