The Red Sox extended a qualifying offer to David Ortiz, Alex Speier of WEEI.com reports (on Twitter). The free agent designated hitter now has one week to accept or decline the offer.

If Ortiz accepts, he’ll earn $13.3MM on a one-year deal in 2013. If he declines, he’ll be linked to draft pick compensation in free agency — his new team will have to surrender a top selection to sign him. Ortiz ranks 13th on MLBTR’s list of top 50 free agents. The Rangers appear to be interested in signing him, though a return to the Red Sox seems probable.