The Boston Red Sox entered 2012 as legitimate World Series contenders, but exited with their first losing season (69-93) since 1997, and unloaded more than $250 million in future salaries in a blockbuster August trade with the Los Angeles Dodgers.

With their new financial flexibility the Red Sox might be tempted to spend heavily in free agency, even though it’s considered a weak market.They may not regain their contender status overnight, but would be best served to be patient and wait for the right players to pay the big bucks, even if it takes longer than this offseason.

As the Red Sox begin their rebuilding process, here are five budget-conscious moves they can make to improve the team in 2013 without breaking the bank:

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