According to a source familiar with the situation, the Red Sox have designated Julio Lugo for assignment. The Red Sox will have 10 days to assign Lugo's contract to another major or minor league club, whether it be via trade or through waivers. Lugo is finishing the third of a four-year deal which pays him $10 million per season. Lugo is hitting .284 in 37 games with the Red Sox this season.
Lugo, who was signed to a four-year, $36 million contract prior to the 2007 season, played in 266 games with the Red Sox, hitting a combined .251 with an on-base percentage of .319 and slugging percentage of .346. With the Sox Lugo totaled 10 home runs, 103 RBI, and 48 stolen bases.
Lugo was hampered by injuries the last two seasons, with a torn quadriceps muscle sidelining him for the second half in 2008, and torn meniscus in his right knee forcing him to miss the start of this season.