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Jason Bay, Billy Wagner Offered Arbitration By Red Sox

The Red Sox will offer Jason Bay and Billy Wagner arbitration, meaning the Red Sox will receive draft picks if Bay and Wagner sign elsewhere:

Lucchino said that the actual offers may have gone out already, but regardless will be happening by the end of the night.

"I think it'll happen by the end of the day today," Lucchino said, noting that offering arbitration is consistent with the team's strategy of building through the draft.

"We love our draft picks," he said.

No surprises here. There's been talk that Wagner could accept arbitration and come back to the Red Sox, but I think the interest is too high on the reliever for him to accept it. He'll get a good deal somewhere else. Bay, on the other hand, will definitely not accept arbitration.