It doesn't look like David Ortiz will get the extension he was looking for. Red Sox GM Theo Epstein says the club explored an extension with Ortiz before picking up his 2011 option and determined to go one year at a time, according to Gordon Edes of ESPNBoston.com (on Twitter). Epstein says the one-year, $12.5MM option made the most sense for the Red Sox, according to Scott Lauber of the Boston Herald (on Twitter).
Ortiz has repeatedly said he'd like the security of a multiyear deal and though the Red Sox aren't ruling it out completely, the chances seem remote at this point. The 34-year-old batted .270/.370/.529 with 32 homers last year.