From the A.P. :

Boston Red Sox slugger David Ortiz agreed to a four-year contract extension on Monday, just five months after finishing runner-up for the American League MVP award.

The designated hitter was in the last year of a $12.5 million, two-year extension he signed in May 2004. That deal called for a $6.5 million salary this year and gave Boston an option for 2007, currently valued at $8.4 million with a $1.4 million buyout.

Ortiz’s new deal contains a team option for 2011.

Neither USA Today nor the Red Sox website reveal the financial details behind the new deal. So with that in mind, sorry Derek Lee, you’re gonna have to make a few phone calls.