Red Sox Sign Takashi Saito

TUESDAY, 12:30pm: Dylan Hernandez says Saito’s deal could be worth as much as $15MM over two years, although he is guaranteed just $1.5MM.

SATURDAY, 2:23pm: It appears the Dodgers weren’t ready to offer the contract terms needed to bring Takashi Saito back. As Tony Jackson reports: "[the Dodgers] weren’t about to give him anything close to this much money."

8:41am: Ken Rosenthal reports that the Red Sox have signed Takashi Saito to a one-year contract with a club option for 2010. The deal’s worth between $1.5 and $2.5MM in 2009, but Saito could earn up to $7MM if he pitches well, according to Rosenthal’s sources.

Saito passed his physical yesterday.

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