Pedro Martinez a Met? Part II

According to Boston.com:

Indications are that Pedro Martinez has pitched his last game as a member of the Red Sox. WBZ radio reported this afternoon that the Mets have guaranteed Martinez a fourth year and he's expected to accept the offer. ESPN's Jayson Stark and Peter Gammons also reported the Mets have guaranteed that fourth year, and Gammons also said the Red Sox believe Martinez will sign with the Mets. The Mets initially offered three years at $37.5 million plus a $12.5 million option for 2008. In response to this latest development, the Red Sox are said to be stepping up their efforts to sign free-agent shortstop Edgar Rentaria. ... Martinez has indicated he wants to decide by today whether to re-sign with the Red Sox or bolt to the Mets, a source familiar with his thinking told the Boston Globe last night. Martinez's agent, Fernando Cuza, was scheduled to meet with the Sox and Mets as he appeared to reach the final stages of negotiations with both teams. Martinez has said he wants to remain with the Sox and seemed to be seeking a number of last-minute additions before he agreed to a three-year deal worth at least $38.5 million plus $2 million in incentives to return to Boston. But with the talks at a delicate stage, the Mets had a chance to sway Martinez by further sweetening their proposal. Sox general manager Theo Epstein, who was exploring numerous deals and free agent signings on the third day of the annual winter baseball meetings, said he expected to work through the night before he returned home Monday. But Epstein said he did not expect to complete a transaction during the night and said there was a chance he would leave town without making additional news. A source close to Pedro told the Boston Herald talks with the Sox were in a "holding pattern,'' even as the Mets and the Cardinals attempted to keep themselves in the mix. An agent who has been briefed on the talks told the New York Times the sides have been unable to work out acceptable bonuses. ... The New York Times this weekend quoted Cuza as saying Pedro would wait at least until the end of the meetings to make his decision: "At the end of the meetings, we'll find out where we are and make a decision and evaluate where he'll end up," Cuza said. "But it could take longer than the weekend."