Congratulations to the World Champion Boston Red Sox for re-signing their two big free agents – pitcher Curt Schilling and, today, third-baseman Mike Lowell. Both are crowd favorites and, more importantly, are smart signings. In Schilling’s case, he only wanted to pitch one more year but wanted to have the opportunity to make as much money as he might have out on the open market, even if it meant reaching a prescribed number of incentive clauses in order for him to do so. The Sox knew that, not only would he be a valuable #2 or #3 starter, he would also pass along some exceptional work habits to the stable of young pitchers the Red Sox have.

In Lowell’s case, it would appear he left some money and years on the table compared to what one or even two teams might have been offering, but the Sox sweetened the pot a little bit in a show of good faith. You have to respect the Sox here – they were only willing to sign Lowell to a 3-year contract and they stuck to their guns. Lowell’s signing means that the Sox will continue to put a solid defense behind their pitchers next year and should be considered favorites to repeat as American League champions.

What’s left for the Sox this winter? Find a good trade for expendable centerfielder Coco Crisp (who ought to bring a good player or two in return) and – hopefully – find a new backup catcher to Jason Varitek so we don’t have to look at that surly pantload Doug Mirabelli hopelessly flailing away at the plate for another season.

Hey, I learned my lesson this year – in Theo [Epstein, Red Sox GM] I trust, and these re-signings show that dude has kept his eye on the ball. Congrats to Schill, Lowell, Theo, and the Sox for getting these signings done.

Now toss another log in that hot stove, will ya?