So what does this mean though...after having made those three blunders, they would not be guy shy? While the Sox are never going to tell us they made a mistake (although I guess JH got as close to saying they made a mistake on CC as any owner is ever going to get) I think they likely acknowledge to themselves that even without the benefit of hindsight, those three deals were hard to justify.
The Paps deal is not the only deal the Sox have been gun shy on since the last of the screaming ugly deals...CC. I would say Ortiz is the only deal they have done that is a big money deal since then and again even in that case they are committed to one year only.
As I have said before to have thought that the huge amounts of misspent money of the last few years was only going to result in a few heads rolling was naive I think. BC came out and told us they were not at least for the near term going down the big money road. Some guys are going to get caught up in that net in all likelihood and in that environment, I don't think the Sox were much willing to play along with Paps.
In addition, most teams get to and though a WS paying their closers far less than $11M per. So it stands to reason that you can get to and through a WS without paying a closer that kind of money.