LAKE BUENA VISTA, Fla. — The Red Sox benefited greatly when they signed Dustin Pedroia to an eight-year extension worth $110 million in July.
At an average annual value of $13.75 million a year, Pedroia is a bargain compared with the 10-year, $240-million deal Robinson Cano received from the Mariners.
Pedroia suspected Cano would get a landmark deal in free agency. But one of his goals was to spend his entire career with the Red Sox.
Jon Lester is going to have to determine his priorities soon. The lefthander is entering the final year on his contract and general manager Ben Cherington said Tuesday that an extension is on the team’s agenda.
“He’s a key guy, obviously. He’s been a horse for us for a long time,’’ Cherington said. “He didn’t show any signs of slowing down this October. Obviously he’s a guy we’d like to keep.’’
Those negotiations usually come just before or during spring training.
“We’ll see,” Cherington said. “There’s certainly a willingness to have a conversation and we’ll see where that goes. But we haven’t done that yet.”
Lester could benefit by waiting. It is increasingly rare for a No. 1 or No. 2 starter to enter the market and he could command a multiyear deal worth at least $20 million a year.
Lester was 15-8 with a 3.75 earned run average last season before going 4-1 with a 1.56 ERA in the postseason with two victories in the World Series.
Lester turns 30 Jan. 7 and has proven to be durable and effective, making an average of 32 starts over the last six seasons with a 3.65 ERA.
Tim Lincecum has a 4.76 ERA the last two seasons and the Giants gave him $35 million over two years.
Lefthander Cole Hamels of the Phillies, who turns 30 in a few weeks, signed a seven-year, $153 million extension in 2012. Lester’s statistics compare favorably to those of Hamels.
Lester said last week on WEEI that he was open to the idea of discussing an extension and that he valued his time with the Red Sox.
“We’ve known Jon for a long time since he signed. I think that allows us to have a conversation. He’ll see what makes sense for him,” Cherington said.
Mets outfielder Curtis Granderson, introduced here Tuesday, said he had several discussions with the Red Sox and came away believing they would go with Jackie Bradley Jr. in center field. Cherington described those talks as routine . . . The Red Sox have not spoken recently with agent Scott Boras about shortstop Stephen Drew. But Cherington hopes that will happen before the Winter Meetings end. The Red Sox are interested in keeping Drew, but only on their terms . . . Cherington said many of the trades he has been discussing would be smaller ones involving bench players. Those, he said, would be more likely to be made than any major deals . . . For what it’s worth, the Marlins again said they won’t trade Giancarlo Stanton and Dodgers GM Ned Colletti said he doesn’t need to trade one of his outfielders, including Matt Kemp.
Ortiz top DH
David Ortiz was named the winner of the Edgar Martinez Award as the game’s most outstanding DH for the seventh time. He was a unanimous pick. Ortiz also won the award from 2003-07 and in 2011. Detroit’s Victor Martinez was second in the voting. Ortiz hit .309 with 38 doubles, 30 home runs, and 103 RBIs. He also walked 76 times and scored 84 runs.Peter Abraham can be reached at email@example.com. Follow him on Twitter @peteabe.