From the Wire….Drew and Lugo Agree to Terms with Red Sox

J.D. Drew Agreed to Terms with the Boston Red Sox on Tuesday and Greg Maddux Agreed to Terms with the Padres on Tuesday

Updated 8:52pm C.T. / 8:59pm C.T.- Julio Lugo Close to Signing with the Red Sox according to XM Radio for 4 years, $36 million
Updated – 9:02pm C.T. – Ken Rosenthal on FoxSports.com Reports Lugo Close to Deal with Red Sox for 4 years, $36 million – Updated 9:22pm C.T.A Report on ESPN.com Confirmed the Deal – Lugo to the Sox for 4 years, $36 million

According to a report by Jon Heyman on SI.com, J.D. Drew has agreed to a 5-year, $70 million dollar contract with the Boston Red Sox. Drew opted out of the last 3 years of his contract and $33 million with the Dodgers and has received a significant raise. Chuck Wilson and XM Radio has picked up the story from the Winter Meetings in Orlando.

According to a report on Yahoo Sports, Greg Maddux has agreed to a 1-year contract with the Padres believed to be worth $10 million dollars with a player option for the 2nd year….ESPN.com has picked up the Maddux signing and is reporting $10 million a year as well.

Could this be the end of the Manny Ramirez era in Boston, several reports have indicated that if the Red Sox ended up signing Drew they would in turn trade Manny….only time will tell.

Will update if more information becomes available.

Update - According to a report from Chuck Wilson on XM Radio, the Red Sox are close to announcing a deal with Julio Lugo. Wilson said his source was Peter Gammons.

Update 8:59pm C.T. – XM Radio and Peter Gammons are reporting 4 years, $36 million

Update 9:02pm C.T.According to a report by Ken Rosenthal on FoxSports.com, the Red Sox and Julio Lugo are close to the deal XM Radio and Peter Gammons have reported.

Will update when and if the deal becomes official.

Update 9:22pm C.T.According to a report on ESPN.com, Julio Lugo has agreed to terms with a 4-year, $36 million dollar deal….pending a physical.

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