According to Tony Massarotti of the Boston Globe, the Red Sox have a proposal on the table for Jason Varitek. However, the two sides have not made recent progress on a deal. Varitek "has not given up hope of securing a two-year deal," according to Massarotti’s source.
More realistically, I am guessing Tek can accept around $4MM on a one-year deal. If he’s really stubborn he can wait until after the June draft, but it’d take a desperate team to give him more than a few million for a half-season.