A New Year's resolution for agents

Updated: December 24, 2009, 8:59 AM ET
By Buster Olney
Jason Bay's agent has been calling the Red Sox in an attempt to re-engage in negotiations, writes Nick Cafardo, and the only way to make a deal happen now might be to heavily backload a contract.

One source indicated Wednesday night that the team has less than $5 million in spending money. Short of blowing up their budget, the only way the Red Sox could work something out with Bay would be to find a way to dump some existing contracts, such as the newly signed Mike Cameron (who would have to lend his permission to such an arrangement).

Only Bay's agent, Joe Urbon, knows exactly what offers or promises of offers he has in hand. The New York Mets have wanted to sign Bay, for sure, but they are picking up the vibes that Bay doesn't want to play for them and they are preparing alternative plans. It's unclear which other teams are interested in the outfielder.

It's possible that Bay's best offer came during the season, when the Red Sox dangled a four-year, $60 million proposal. That offer was rejected, and it's looking more and more like that was a missed opportunity.