Red Sox and Terry Francona Are Parting Ways

Just one day after the Red Sox suffered a season ending collapse that saw them miss the post season by just one game, Jon Heyman reports that the Red Sox and manager Terry Francona will part ways.

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According to MLBTR, Francona’s three-year, $12M deal included club options for 2012-13 worth $8.75M in total ($750K buyout) and the Red Sox could announce their decision to decline the options today.

Francona led the Red Sox to two World Series Championships in 2004, their first season under Francona, and again in 2007.

Under Francona’s tenure, the Red Sox have a 744-552 record in eight seasons and they finished the 2011 season with a 90-72 record.