Boston Red Sox president and CEO Larry Lucchino dispelled the notion that ownership had closed its books or had a limited budget set for the Red Sox in 2012.

Lucchino stopped to discuss the budget for a few moments at a special JetBlue event at Logan Airport on Friday. Lucchino and Red Sox manager Bobby Valentine were on hand to meet with fans and tour JetBlue's new Red Sox airliner.

Check out the video above as NESN Red Sox beat writer Didier Morais breaks down Lucchino's comments.