Red Sox’s sign Carl Crawford

On Wednesday night the Boston Red Sox’s signed Carl Crawford to a seven year $142 million deal.

A team that has often complained about the spending habits of the New York Yankees, who two years ago swooped in and outbid Boston for Mark Teixeira, has abandoned fiscal restraint by making Crawford the first player in Red Sox history with a contract with an average annual value in excess of $20 million.

"Great move. Great player," said Yankees general manager Brian Cashman, for whom signing free-agent left-hander Cliff Lee now takes on even greater urgency. "Boston's got the money and they had a need."

Crawford also becomes the first Red Sox player since John W. Henry and Tom Werner purchased the team in 2002 to be given a contract of seven years. General manager Theo Epstein evidently made a persuasive case to Henry late in the process to do so.

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