Alex Gonzalez has reportedly signed a one year contract worth $2.75 million with a $2.5 million club option for 2011. Gonzo came over from the Reds to reprise his role as Boston shortstop late last season and was simply excellent. The Sox declined his $6 million option and took the risk of letting the free agent market play out.

Barring a trade, it seems as if this limits Boston to Marco Scutaro, who is the outgoing Blue Jays shortstop. The signing on Toronto’s end would be rather smart in this regard as it would force their division rival to give up their first-round pick to the team that signed Gonzalez.