All-Star third baseman Adrian Beltre and the AL champion Texas Rangers have agreed on a $96 million, six-year contract.
The Rangers announced the deal Wednesday and scheduled a news conference for the afternoon.
Beltre gets $14 million this year, $15 million in 2012, $16 million in 2013, $17 million in 2014, $18 million in 2015 and $16 million in 2016. The Rangers can void the final season if Beltre fails to have either 1,200 plate appearances in 2014-15 combined or 600 in 2015.
Beltre became a free agent after turning down a $10 million player option to stay with Boston.
A two-time Gold Glove winner, Beltre hit .321 with 28 homers, 102 RBIs and 49 doubles in 154 games during his only season with Red Sox. He was an All-Star for the first time in his 13-season career.
The Rangers were spurned in their attempt this offseason to keep Cliff Lee, even after offering the ace left-hander $138 million over six years. Lee instead returned to Philadelphia.
Beltre, who will turn 32 the first week of the regular season, is a .275 hitter in 1,835 career games for the Los Angeles Dodgers (1998-04), Seattle (2005-09) and Boston.
Los Angeles signed Beltre in 1994, and he made his major league debut with the Dodgers four years later. After hitting .334 with 48 homers and 121 RBIs in his final season with the Dodgers in 2004, Beltre went to the Mariners.
The acquisition of Beltre means yet another position switch for Rangers career hits leader Michael Young, the team's longest-tenured player going into his 11th season.
Young this week publicly expressed his willingness to switch again if Texas got Beltre. Young, who has three years left on his contract, could become a designated hitter while also playing a utility role.
Young was a second baseman when he became a starter for Texas in 2001, then switched to shortstop after Alex Rodriguez was traded in 2004. The Rangers moved Young to third base two years ago when they decided to promote rookie shortstop Elvis Andrus from Double-A.
AP Sports Writer Ronald Blum contributed to this report.