Hot Stove League Update

Now would be a good time to buy donut and bacon futures in Boston: Curt Schilling's coming back!

Curt Schilling and the Red Sox appear ready to announce a one-year deal with incentives to return him to Boston for one final season. ESPN.com reported on Tuesday that Schilling and the team have reached agreement on an $8 million base salary with an additional $2 million in incentives. The deal is pending a physical on the right-hander, who will turn 41 on Nov. 14.

Red Sox spokesman John Blake said the team had nothing to report.

Schilling, on his "38pitches" blog, said talks have been progressing.

"Talks with the Red Sox are moving," Schilling wrote. "[General manager] Theo [Epstein] and I have spoken multiple times daily over the past week and given the current situation I am feeling very confident that we will be able to finalize a 1 year contract to allow us a chance to finish our career as members of the Red Sox organization.

"There are some things to iron out and details that must be finalized for both sides but barring something unforseen [sic] or outrageously odd happening I feel very comfortable that I will finish my career here," he added.

UPDATE: WHITE SMOKE EMERGES FROM THE CHIMNEY AT FENWAY

The official word at Schilling's blog.

Key take away:

$2 million in bonuses for 6 seperate weigh ins.

I inserted the weigh in clause in the 2nd round of offers, counter offers. Given the mistakes I made last winter and into Spring Training I needed to show them I recognized that, and understood the importance of it. Being overweight and out of shape are two different things. I also was completely broad sided by the fact that your body doesn’t act/react the same way as you get older. Even after being told that for the first 39 years of my life. Now I can’t get on Dougie anymore, which sucks, and I am sure the clause will add 15-100 more jokes to Tito’s Schilling joke book.

Two million bucks to stay away from Dunkin' Donuts. Boston area bloggers with cell-phone cameras, the stake out begins now!

Yips! from Robbo: Allow me a ROTFLMAO moment here as I contemplate the fact that this post was written by a guy I watched starving himself on a crash course of carrots so that he just barely made weight to row in our lightweight four at the New Englands one year. Mwaaaaahahahaha.........