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Red Sox, Dustin Pedroia agree to a contract extension

Boston Red Sox v New York Yankees

NEW YORK, NY - OCTOBER 02: Dustin Pedroia #15 of the Boston Red Sox cannot throw out Alex Rodriguez #13 of the New York Yankees in time during their game on October 2, 2012 at Yankee Stadium in the Bronx borough of New York City (Photo by Al Bello/Getty Images)

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Rob Bradford of WEEI has the news:

Pedroia and Red Sox have agreed in principle on extension. Starts in 2015 goes to ’21. Comes down to approximatey 7 years for $100 million

— Rob Bradford (@bradfo) July 23, 2013


And to clarify:

To clarify, per source, Pedroia, Sox agree to deal to begin after last guaranteed season and stretch to ’21. Seven yrs, $100, full no-trade

— Rob Bradford (@bradfo) July 23, 2013


This seems pretty spiffy for all sides, yes? The Sox lock up the foundation of their offense, defense and clubhouse all at an annual rate that is better than a lot of teams’ top stars get. Yes, he may not look great at the end of that deal given his age now and the fact that he’s a second baseman, but (a) he’s been a bargain for his entire career before now; and (b) it’s not like there are freely-available Dustin Pedroia replacements out there on the market. The next one out there would’ve been, well, Dustin Pedroia, and by the time he’s a free agent his price will likely be way, way higher. I guess you could count Robinson Cano, but he’s gonna cost way more than $15 million a year.

The Sox did well here. Especially given that we live in a time when most elite players are getting locked up way before they hit the market. You can’t just buy a team anymore. Ask the Yankees about that.