The Red Sox have been said to be unwilling to go through with the deal, which would have cost them a significant package of prospects, without either an extension for Gonzalez or a solid guarantee that he'll sign at a future date. He is slated to become a free agent after 2011.
For now, the deal appears dead, though it could still go through without an extension. As we detailed here, there are reasons that would be advantageous for Boston.
-- David AndriesenFor more baseball news, rumors and analysis, follow @cbssportsmlb on Twitter or subscribe to the RSS feed.