Welcome Red Sox SS, Marco Scutaro

According to baseball sources, the Boston Red Sox have agreed to terms with SS Marco Scutaro pending a physical.

According to ESPNBoston.com:

“Because of Scutaro’s Type A free-agency status, the Red Sox will give up a first-round pick to the Blue Jays. But Boston gets the selection back, thanks to their own Type A free agent, Billy Wagner, signing with the Braves on Wednesday.

“The 34-year-old Scutaro hit .282 with 12 homers and 60 RBIs for the Blue Jays last season. His .379 on-base percentage was third among shortstops in the American League. Scutaro figures to be Boston’s everyday shortstop next season, replacing Alex Gonzalez, who signed with Toronto last week. “

Terms of the deal from ESPN’s Buster Olney via tweet (@Buster_ESPN): $5MM in 2010, $5MM in 2011, 2012 option with a $6MM club option, $3MM player option, and $1.5MM buyout.