If the Red Sox don't elect to keep him on the major league roster but want to send him to the minors, they have to pay him a $100,000 bonus as required by the new collective bargaining agreement.
But it appears Overbay will have other options.
The Yankees may need a lefthanded compliment to Juan Rivera at first base. Yankee scouts have been watching Overbay closely.
"If it works out it works out," Overbay said. "My swing is getting there. I had a back issue a couple of days ago, but I feel fine now, but I lost some time there. I'm not as consistent as I want to be. I felt good in the cage the last couple of days."
Overbay thought the Red Sox were a good fit because Mike Napoli is an inexperienced first baseman. But since then they also traded for Mike Carp, who now has a leg up on Overbay because he's on the roster and had the ability to play the outfield.
"I look at it like I can benefit this team but I’m kind of biased," Overbay said.