According to Michael Silverman of the Boston Herald, the Boston Red Sox have completed a trade of Adrian Gonzalez, Josh Beckett, Carl Crawford and Nick Punto to the Los Angeles Dodgers for 1B James Loney, 1B/OF Jerry Sands, IF Ivan DeJesus Jr., and pitching prospects RHP Allen Webster and RHP Rubby de la Rosa (as a player to be named later). Loney will be a free agent at the end of this season.

The Red Sox will send $12 million to the Dodgers to complete the deal. All told, the Red Sox will be relieved of over $270 million in contractual obligations.