Schilling, Red Sox Seal the Deal

The Red Sox and Curt Schilling have reached a preliminary agreement on a one-year, 8 million dollar contract that will keep the veteran right-hander in Boston. That's according to a person familiar with the negotiations.

The agreement provides for him to make an additional 5 million dollars in bonuses and match his 2007 salary. The deal is subject to him passing a physical, contains 3 million dollars in performance bonuses based on innings pitched and 2 million dollars based on weight clauses.

The source spoke to the Associated Press on condition of anonymity because the Red Sox have not yet made the announcement.

The agreement was first reported by ESPN.com.
Schilling said in a posting on his Web site early today that he had spoken with general manager Theo Epstein several times and was confident they would come to terms on a one-year deal.

Schilling, who turns 41 this month, was 9-8 in the regular season and 3-0 in four playoff starts for the World Series champions.