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Red Sox, Ortiz reach agreement on $26M, two-year deal

Bonuses could raise the total to $30 million, the official said Friday, speaking on condition of anonymity because the deal had not been signed.

Ortiz was a free agent and able to discuss money with all teams at midnight. The Red Sox made him a $13.3 million qualifying offer, but the sides continued negotiating and reached an agreement a few hours later.

Ortiz batted .318 with 23 homers and 60 RBIs while missing almost half the season due to a strained right Achilles tendon.

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