Red Sox President Sam Kennedy clarifies Boston's stance on pursuing Alex Bregman in MLB free agency, shedding light on the team's approach and competition for the third baseman.

The Boston Red Sox are reportedly taking a page out of the Los Angeles Dodgers' book. Alex Bregman's three-year, $120 million deal has "significant" deferrals, according to ESPN's Buster Olney, who reported that the "present-day value of his contract is expected to be assessed in the range of $90 million for three years.

The Chicago Cubs made Alex Bregman an offer that they knew he could refuse. Even after the negotiations dragged into spring training, league sources indicated the Cubs were outbid by multiple teams in all the ways that free agents keep score — years,

Chicago Cubs President Jed Hoyer felt the situation was right to make his case to ownership. While former Houston Astros third baseman Alex Bregman’s free agency stretched through the offseason and into February,

Alex Bregman and the Red Sox reached agreement on a three-year, $120 million contract that included both deferrals and the ability for the infielder to opt out after the 2025 or 2026 season — a structure that potentially adds value for Bregman while dampening costs for the Sox.

Alex Bregman is reportedly in agreement to join the Boston Red Sox on a three-year deal worth $120 million after spending his first nine seasons with the Astros.