At long last the Red Sox and Sox Captain/Catcher Jason Varitek have agreed to a deal. The deal brings Varitek back to the Sox for 2009 and includes both a club and player option for 2010. The club option allows them to bring back 'Tek for the 2010 season for $5 million and the player option allows 'Tek to return for $3 million and a possibly an additional $2 million in incentives.
Varitek made a big mistake in declining arbitration, which likely would've kept his salary at a hefty $10 million. By declining any teams interested in Jason's services would have to surrender a draft pick in the process. Beyond that, 'Tek's services just aren't worth that much. Many have made the comparison to the Orioles Gregg Zaun in terms of experience and offensive production. Zaun recieved $1.5 million for his services this year and has a club option for $2 million in 2010. Have a look at their numbers from the 2008 season:
You'll notice Zaun played fewer games, but had a higher batting average and OBP than Varitek. Given the similarities between the numbers on these two and the disparity in the deals they got I think it's fair to say 'Tek's offer was generous and enough to allow him and his agent to save face after foolishly declining arbitration. This wasn't an awful deal for the Red Sox as everybody knows that Varitek's marketability is his intangibles such as his work with the pitchers and leadership in the clubhouse. I'm personally glad this matter has finally been resolved.