Red Sox, Ortiz agree on one-year extension

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Big Papi is still calling Boston his home for another season. 

The Red Sox and slugger David Ortiz have agreed on a one-year, $16 million contract extension Monday with a vesting option for 2016 and a team option of for 2016.

Click here for the full release from the team.

The vesting option for 2016 will be based upon 2015 season plate appearances while the team option for 2017 is set for $17M.

Ortiz was the MVP of the 2013 World Series in which he hit .688 as the Red Sox defeated the St.Louis Cardinals.