Veteran Dominican-American slugger David Ortiz has reached a two-year, $26 million deal with the Boston Red Sox, sources close to the negotiations said.

The agreement means the 36-year-old designated hitter, a key member of the Red Sox's World Series victories in 2004 and 2007, could finish his career in Boston.

"Big Papi," who will turn 37 this month, could make as much as $30 million thanks to incentive bonuses in the contract, the sources said.

At the start of the negotiations, Red Sox management had offered a one-year deal worth $13.3 million.

The sources said the free agent decided to continue the talks and eventually secured the two-year deal he was seeking.

Ortiz hit .318 last season with 23 home runs and 60 RBI, although he played just one game after July 16 due to an Achilles tendon injury.

Big Papi, who was instrumental in rallying the Red Sox from a 3-0 deficit against the New York Yankees in the 2004 American League Championship Series en route to their first World Series title in 86 years, is a beloved figure in Boston. EFE