December 3, 2008 Source: Pedroia gets 6 year, $40M deal

UPDATE: The Red Sox have confirmed the deal, which runs through 2014, with a club option for the 2015 season. The team has not confirmed the terms of the contract. Pedroia and Sox General Manager Theo Epstein will hold a news conference at 3pm to discuss the deal.

BOSTON (AP) - The Boston Red Sox have agreed to terms with AL Most Valuable Player Dustin Pedroia on a six-year contract worth $40.5 million, The Associated Press has learned.

A baseball official familiar with the deal, speaking on the condition of anonymity because it was not yet announced, told the AP that Pedroia would remain with the Red Sox through 2014, with a club option for 2015.

The deal was first reported by ESPN.com.

(Copyright 2008 by The Associated Press. All Rights Reserved.)