Lester takes pass on latest Red Sox offer

Boston Red Sox starting pitcher Jon Lester throws to the Baltimore Orioles in the first inning of an opening day baseball game, Monday, March 31, 2014, in Baltimore. (AP Photo/Patrick Semansky)
Boston Red Sox starting pitcher Jon Lester throws to the Baltimore Orioles in the first inning of an opening day baseball game, Monday, March 31, 2014, in Baltimore. (AP Photo/Patrick Semansky)
AP

It looks like Jon Lester didn’t like management’s latest pitch.

The Red Sox ace rejected the team’s most recent offer for a contract extension, according to Ken Rosenthal at Fox Sports.

The Red Sox's most recent offer to Lester was far below market value -- four years for between $70 million and $80 million, according to sources within the team's clubhouse.

Lester, who is eligible for free agency at the end of the season, rejected the offer and will not resume negotiations with the club until the offseason, the sources said.

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That offer is “not in line” with contracts signed by other top starters across the league, according to Rosenthal. Both sides had been in talks but agreed to “hit the pause button” at the start of the regular season, according to Sox General Manager Ben Cherington.