Red Sox agree to terms with left-handed pitcher Jon Lester on five-year contract with option for 2014  —  BOSTON, MA — The Boston Red Sox have agreed to terms on a five-year contract with lefthanded pitcher Jon Lester with a club option for 2014.  Terms were not disclosed.

Arthroscopic surgery for Lugo  —  FORT MYERS, Fla. — Julio Lugo will undergo arthroscopic surgery Tuesday in Boston, manager Terry Francona said.  Dr. Thomas Gill will perform the operation, which will determine the significance of Lugo's injury, feared to be a torn meniscus.

Pedroia back, optimistic  —  FORT MYERS, Fla. - Of this we can be sure: Dustin Pedroia's lower abdominal strain has done nothing to affect his well-chronicled self-confidence.  —  “When you have a physique like this, when you're shredded and everything, something might happen,” he said this morning.

Bay extension talks halted  —  FORT MYERS, Fla. — After recent “substantive” negotiations regarding a contract extension, the Red Sox and Jason Bay have postponed discussions for now because of the “unusual marketplace,” Red Sox general manager Theo Epstein said.

Jon Lester set to ink deal  —  FORT MYERS - Sometime this morning, Jon Lester [stats] and the Red Sox [team stats] are expected to announce the worst kept secret of the spring - that he has signed a $30 million contract extension.  —  Yesterday, Lester was scratched from a scheduled start …

Posada catches four innings  —  Jorge Posada made his behind-the-plate game debut for 2009.  He caught four innings, and felt “surprisingly good.”  Posada was scheduled to catch three innings, but wanted to remain in for a fourth inning to catch an inning of Phil Coke.