The Boston Red Sox signed Takashi Saito

NBCSports.com news services

The Boston Red Sox reportedly have signed former Dodgers closer Takashi Saito to a one-year contract with a club option for 2010.

The deal, reported by Foxsports.com, includes a guarantee between $1.5 million and $2.5 million, and Saito will have the chance to earn more than $7 million .

Saito, 38, spent the past three seasons as the Dodgers closer. He missed significant time last season with a sprained ligament in his elbow.