While the Red Sox were looking to save some money and get closer to the $12 million range in 2012, having to "only" pay $14.575, the team manages to retain a little bit of salary.
Having to not go into arbitration allows the team and the player to save some face, especially in the media. Whichever way the outcome would have been, had they not reached this amicable agreement, one side would have been painted as the villain.
David Ortiz gets to cash in, to some degree for one year of service and the Red Sox don't have to shell out $16 million for a one-dimensional player.
While the full details have not been released yet, this is just another hurdle the Red Sox have gotten over.
With the money saved, the team can spend that $2 million by either upping their offer to Roy Oswalt, or perhaps by making a trade to bring in another starting pitcher and eat an additional amount of said players salary...like a Matt Garza?
At the very least, Red Sox Nation can shed a sigh of relief knowing that the face of the franchise will not be feuding with the front office. The last thing this Red Sox team needs after finishing 2011 as they did is another bit of bad press.
Now, let's see if Ortiz can live up to that contract.