[Note by Allen Chace, 01/15/09 4:27 PM EST ] Lovely Amalie chimes in: The deal is "close" but not complete. Let's see whether we have an announcement tomorrow afternoon.
Gammons via MLBTR.
... the Red Sox and Kevin Youkilis agreed to a four-year deal worth more than $40MM. There's also a fifth year option. The deal buys out two arbitration years and two free agent years.
If true, heckuva deal.