Any hopes of the Red Sox reuniting with Mookie Betts this winter appear to be dead, as the Los Angeles Dodgers are reportedly closing in on a massive contract extension with the 27-year-old outfielder, according to WEEI’s Lou Merloni.
Per Merloni, the extension the Dodgers and Betts are on the verge of agreeing to is worth anywhere between $350 to $400 million for 10-plus seasons.
Based off this follow-up from ESPN’s Jeff Passan, it would appear that these rumors are in fact legitimate and Betts will indeed ink a long-term extension with the Dodgers relatively soon.
After both sides were reportedly off by $120 million in extension talks over the winter, the Sox, with chief baseball officer Chaim Bloom at the helm, dealt Betts and left-hander David Price to Los Angeles in February in exchange for outfielder Alex Verdugo and prospects Jeter Downs and Connor Wong.
At the time, that transaction got Boston under the vaunted $208 million luxury tax threshold, but as it turns out, the 2020 Major League Baseball season will have to played until at least the start of September for that to carry out into this offseason. In other words, if the ongoing COVID-19 pandemic halts the season at any point prior to the August 31st trading deadline, the Sox’ luxury tax penalties will not reset and they will essentially be in the same position they were prior to dealing Betts and Price.
At least on the surface, one of the motivating factors in the Red Sox trading away Betts was the notion that the four-time All-Star was locked in on becoming a free agent for the very first time in his career this winter. It might not be a great look in the eyes of Red Sox fans if he goes back on that now, but, given the uncertainties surrounding how much teams will be willing to spend in free agency because of the pandemic, it’s certainly understandable why Betts may be more open to forgoing free agency when taking financial security into account in the midst of a nationwide pandemic.
Of course, one of the hopes in the Sox trading Betts to get under the luxury tax was the idea that the club was going to lure the 2018 American League MVP back in free agency with a lucrative contract this winter. That now appears unlikely to happen barring any significant changes on Betts’ or the Dodgers’ front.