ANAHEIM, Calif. -- The Red Sox came to terms late last night with free agent lefthander David Wells on a two-year contract for a guaranteed $8 million, plus an additional $10 million in performance incentives that could make the total package worth $18 million.
Under the terms of the agreement, Wells would receive a $3 million signing bonus and have a base salary of $2.5 million in 2005 and 2006. He also would have the opportunity to earn an additional $5 million in performance bonuses in each year of the contract.
Wells, who turns 42 in May, is expected to take the place of place of Derek Lowe as the No. 3 starter in the rotation.
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Oh man that is one former Yankee I would never thought I would see as a Red Sox.