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Ortiz Gets Contract Extension with the Boston Red Sox

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David Ortiz will be seeing red (sox) for another season…

The 38-year-old Dominican professional baseball player, nicknamed “Big Papi” has reached an agreement with the Boston Red Sox to keep the iconic slugger on the team through the end of his career.

David Ortiz

Ortiz has reportedly agreed to a $16 million extension for the 2015 season, a $1 million bump from the $15 million he will be paid in 2014.

Also in place is a club/vesting option for the 2016 season that will automatically kick in if Ortiz achieves a certain number of plate appearances, and a club option for 2017. If the option years are fulfilled, Ortiz will remain under Red Sox control into his 40s — he turns 42 on Nov. 18, 2017, the final year of the deal.

The team announced the extension and option years Sunday night.

“With this agreement, we have near certainty that David Ortiz will finish his career in a Red Sox uniform, which is something we have all wanted and that we are all proud of,” owner John Henry said in a statement. “It is difficult to describe David’s contributions to our city both on the field and off the field, and we are so proud to have this ambassador of our game with us as he continues on this road to Cooperstown.”

There has been little doubt throughout camp that the Red Sox would sign Ortiz to an extension, with both the player and club ownership expressing a desire to strike an agreement. Ortiz’s agent, Fernando Cuza, came for face-to-face negotiations with general manager Ben Cherington and CEO Larry Lucchino on multiple occasions, including Sunday.

Ortiz ThisClose to Signing Deal to Stay with the Boston Red Sox

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It appears David Ortiz may not be emptying out his locker room anytime soon…

The 36-year-old Dominican baseball star is thisclose to closing a two-year deal with the Boston Red Sox, a deal that the team hopes to finalize before the end of the week, according to ESPN.

David Ortiz

The two-year term – something that was of utmost importance to the Ortiz – already has been agreed upon, sources said Tuesday, but both sides were still haggling on compensation.

Ortiz is believed to be seeking $25 million. The Red Sox are in that neighborhood, but hope to sign him for a few million less, according to the source, who noted the monetary negotiations aren’t expected to get in the way of the deal’s completion.

“As I said, we want to have David back,” general manager Ben Cherington said Tuesday. “We’ve had good, amicable dialogue. I talked to Fernando (Cuza, Ortiz’s agent) yesterday. We’ll continue to keep talking. Our hope is to get something done. I’m sure we’ll talk again this week sometime.”

The Red Sox hope to announce the extension as soon as Friday, the first off day of the World Series. The league frowns upon teams announcing news on days of World Series games.

Ortiz, who made $14.575 million on a one-year deal struck on the same day his arbitration case was scheduled to be held this past February, missed 71 of Boston’s final 72 games because of a right Achilles strain. He told ESPNBoston.com on Sunday that he’s feeling much better and will begin his normal offseason workout regimen soon.

“I’m 36, and I know what I’m capable to do,” Ortiz said. “I know what’s fair and I know guys my age aren’t going to get three-, four- or five-year deals anymore, so I want to play two more, and if things go good, I’ll continue to play.”

Ortiz was having one of the best years of his career before the injury, hitting .318 with 23 homers, 60 RBIs and a 1.026 OPS in 90 games.

He’s the longest-tenured player on the Red Sox, having played in Boston over the past 10 seasons.