From The Boston Globe:
There has been talk among scouts that the Indians might be willing to deal 29-year-old catcher/first baseman/DH Victor Martinez for young pitching. Martinez, who earns $5.7 million this season and $7 million in his option season next year, is hitting .409 with 7 homers and 25 RBIs.
We would have to rate this as pure East-Coast media hype. Victor has been the glue that holds this team together for years. All indications are that he loves playing here. Combine that with his injury history, and the Indians should be able to work out an extension at a relatively inexpensive price.
While such rumors warrant at least a response of "for the right price...", the Red Sox do not, at a first glance, have much to offer for a player of Victor's caliber. A reliable switch-hitting .300 bat with 25 HR/100 RBI power and a near 1:1 K/BB ratio in the midst of his career year, who is also a good defensive catcher and is signed cheaply through 2010 is about as valuable as you can get. Think Mark Texeira valuable; a player for whom the Rangers recieved Elvis Andrus, Neftali Feliz, Matt Harrison, and Jarrod Saltamacchia.
The top prospects in Boston's system are already up at the MLB level. The only prospect in the Red Sox listed on any top-50 list is a 1st baseman, a position which the Indians already have too many potential bats. You would have to start the conversation with either John Lester, or more likely a combination of Justin Masterson and Clay Bucholtz, and then toss is a lesser arm (maybe a high-heat reliever?) and a position player.
Now a potnetial trade of Ryan Garko, on the other hand...