The Red Sox were reportedly offering no more than $100 million over 5 years, so the Yankees' offer dwarfed theirs.
Red Sox chairman Tom Werner was polite in his comments to Ellsbury when he heard about the deal:
Many Red Sox fans aren't quite so kind, referring to Ellsbury as a traitor, and often a 'trader.' Check out Deadspin's list of tweets from many Sox fans who probably won't be submitting applications to Mensa anytime soon.
This is a great deal for Ellsbury. There is no doubt about that. His average salary in this deal is about $21.8 million. To put that in perspective, he made $20.8 million TOTAL from 2008-2013 with the Red Sox.
As angry as some Red Sox fans are, this is actually great for the Red Sox. They weren't going to sign Ellsbury anyway, and he understandably took the best offer on the table. You know… just like any of us would do if we weren't under contract and we were offered 50% more money than our current employer was offering.
The Red Sox absolutely got their money's worth out of Ellsbury. For around $21 million total, they got one MVP caliber season, a few more great seasons, and he contributed towards two World Series championships.
Will the Yankees get their money's worth out of THIS deal? To be honest, it's highly unlikely. Particularly when Ellsbury starts to get older and slow down a bit later in this deal, it could look like an albatross.
The worst part of this for the Yankees is that it could seriously hinder their pursuit of Robinson Cano, since he's looking for huge money as well. He and his agents are asking for $300 million, while the Yankees are reportedly refusing to go over $175 million.
It's rumored that Seattle will be willing to shell out $200 million for Cano, so his departure could be a huge loss for the Yankees, even with the addition of Ellsbury.
Meanwhile, the Red Sox still have several options for center field. They have prospect Jackie Bradley, Jr. in Pawtucket, who has been groomed as Ellsbury's replacement for a few years now. Other options include former Yankee Curtis Granderson and former Reds outfielder Shin-Soo Choo.
The Red Sox will be better off without paying Ellsbury this monster contract, and the Yankees will likely regret it in the long run, even as good as Ellsbury is at the moment. He took the best deal for him, and all sides should be relatively happy that it worked out this way. Yes, even Red Sox fans.