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    Larry Lucchino says Red Sox will wait on buyer/seller decision

    Red Sox president and CEO Larry Lucchino said on Friday the Red Sox are a long way from deciding whether to be buyers or sellers in the baseball trade market this summer.

    “There’s no specific formula. Every year is different, every year is a different configuration of teams ahead of you or behind you, so there’s no formula, but there is an instinct, a realistic assessment that’s made, but it’s not made at this point when there are 96 games left in the season,” Lucchino said in an appearance on WEEI’s Dennis and Callahan program. “In our case, it’s almost always made in late July, not in early June.”

    Lucchino’s comments echoed those of general manager Ben Cherington, who said earlier this week that if the team remains in the playoff hunt, he’d consider moves to improve it ahead of the July 31 trade deadline.


    “We’re competitive in two ways. We want to win the short-term and be in contention every year, and we also want to build the next great Red Sox team, as Ben Cherington puts it,” Lucchino said.

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    Lucchino defended the team’s acquisition of shortstop Stephen Drew, who has played only four games and batted .071 since he was signed May 21.

    “We need to wait and see exactly what kind of contribution Drew makes. I think it was a rational decision when it was made. The circumstances were such that we needed to improve this team, and one thing we didn’t want to do was improve the team and lose talent – prospects in the minor-league system. We try to avoid that. So the idea of paying money rather than prospects was appealing to us,” Lucchino said.

    Follow Matt Pepin on Twitter at @mattpep15.