The usual media rush to judgement says Bay is gone from Boston. I wouldn't say so just yet. Lots of drama creation going on here by his agent. He's trying to max out his commission with the good graces of Bay, who also stands to gain--provided he signs with a team he really wants to play for.
Sure Bay can make a few mil more or add a year, but once he signs, he is stuck with that club for the length of the contract. Top dollar FAs don't have much mobility.
Contrary to most, I don't see much difference between Bay and Holliday. They are both primarily offensive players. Bay has proven he can hit AL pitching more than Holliday has. Holliday has Coors-inflated numbers and thrived hitting with Pujols last year. He is a year or so younger--I don't know if that is significant in terms of contract length. Both will sign their next contract for grossly inflated numbers approaching Yankee dollars given to Teixeira. Bay is hoping Boras will drive his value up, and Boras is hoping Bay will drive Holliday's value up..
I think both agents are playing a game here trying to use each other to drive the price up. And it will work. The trouble is the Red Sox don't play that game, so my guess is look for a platoon in LF next year in Boston. Maybe Gomes or Cameron with Hermida. Maybe a Beltre at 3B--or a trade of Buchholz et al for AdGon, which will trigger a signing of Lackey? Not signing Bay or Holliday would open up a lot of scenarios. I've always favored pitching over hitting, anyways, with a playoff format. That's really how the Yankees won it last year.
The Red Sox have to move fast here beyond the Bay-Holliday game before their options dry up.