The Red Sox have made an offer to pitcher Daisuke Matsuzaka that Boston president Larry Lucchino describes as "fair" and "comprehensive."

Lucchino, in Tokyo on Tuesday after meeting with representatives of Matsuzaka's Seibu Lions, said the Red Sox have taken the next step toward signing the Japanese star.

"We have sent a formal offer to Matsuzaka and his agent Scott Boras," Lucchino said. "I believe it is fair and comprehensive, and offers a great deal of security and a substantial level of compensation."