ALEX BREGMAN AND THE BOSTON RED SOX. Wednesday morning, Red Sox pitchers and catchers had their first workout. Wednesday night, they

Alex Bregman and the Red Sox reached agreement on a three-year, $120 million contract that included both deferrals and the ability for the infielder to opt out after the 2025 or 2026 season — a structure that potentially adds value for Bregman while dampening costs for the Sox.

The Boston Red Sox are reportedly taking a page out of the Los Angeles Dodgers' book. Alex Bregman's three-year, $120 million deal has "significant" deferrals, according to ESPN's Buster Olney, who reported that the "present-day value of his contract is expected to be assessed in the range of $90 million for three years.