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Last Sunday word leaked out from Yahoo!'s Jeff Passan that the Boston Red Sox had signed Jon Lester to a five-year contract extension. Passan had cited "a source close to the team" in his report. On Monday a source even closer, Jon Lester himself, said no deal had been agreed upon.Lester expressed at the same time his desire to work out a long-term deal with the team, and now he's gotten his wish.
The terms of the deal weren't disclosed but, considering that it's the same five-year deal Passan told us about last week, I think it's safe to assume that the deal is worth $30 million with an option for the 2014 season at the low, low price of $13 million.
As for whether or not this is a good move by the Red Sox to lock Lester in, of course it is. Anytime you can find a left-handed pitcher who can beat cancer, help win a World Series, throw a no-hitter, and go 27-8 in his first two seasons before the age of 25, you sign him to the longest contract you can.
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