BOSTON, Nov. 11 (UPI) -- In a stunning development, Billy Beane, general manager of the Oakland Athletics, reportedly has backed out of a deal that would have had him taking a similar post with the Boston Red Sox.
Several media sources reported the breakdown. including the Boston Globe, Boston Herald, and Oakland Tribune.
MLB.com, the official website for Major League Baseball, reported Sunday that Beane has worked out a tentative agreement for the Red Sox job, and that the only thing left to do was a deal on compensation.
"We have reached agreement," an official told the website. "However, that agreement is contingent on resolving compensation issues. We are already working on that."
The Athletics say Beane, who was under contract through 2008, is staying in Oakland, and club officials have scheduled a news conference for Monday afternoon, when an official announcement is expected.
The Red Sox have not had a permanent GM since Dan Duquette was relieved of his duties on Feb. 28. Mike Port has filled the post on an interim basis ever since.
The club currently is being run by team president and CEO Larry Lucchino.
