Despite rampant trade speculation, the team isn't actively shopping the superstar outfielder, sources told Rob Bradford of WEEI. However, the Red Sox, under new chief baseball officer Chaim Bloom, could still be fielding offers.
There's one year remaining of team control on Betts' contract before he's eligible for free agency next winter. Heading into his final season of arbitration, the four-time All-Star is projected to earn $27.7 million next year, according to MLB Trade Rumors.
Team owner John Henry has publicly stated his goal is to cut the club's salary and avoid the luxury tax in 2020. According to Cot's Contracts, the Red Sox face approximately $229 million in payroll obligations for 2020, which would be $21 million above the first luxury-tax threshold.
Betts is one year removed from winning the AL MVP Award after leading the league with 129 runs scored and a .640 slugging percentage, while also winning the batting title with a .346 average. In 2019, the four-time Silver Slugger hit .295/.391/.524 over 150 games with 29 home runs and 16 stolen bases.