AP source: Price, Rays agree on 1-year deal

Associated Press  |  Last updated January 02, 2013
David Price got a hefty raise for winning the AL Cy Young Award. A person with knowledge of the deal said Tuesday night that the three-time All-Star and the Tampa Bay Rays have agreed to a one-year contract worth just over $10 million, avoiding arbitration. The person spoke on condition of anonymity because the team had not yet made a formal announcement. Price earned $4.35 million last season, when he went 20-5 with an American League-low 2.56 ERA. The hard-throwing left-hander barely beat out Detroit's Justin Verlander to become Tampa Bay's first Cy Young winner. He tied Jered Weaver for the league lead in wins and winning percentage and was sixth in strikeouts with 205 in 211 innings. The Rays are expected to announce the deal with 27-year-old later this week. Price was the first overall pick in the 2007 draft out of Vanderbilt. He was promoted to the majors late the following year, when Tampa Bay made an improbable run to the World Series. In 2010, he became the youngest pitcher to start an All-Star game since Dwight Gooden in 1986 and finished second to Seattle's Felix Hernandez in Cy Young balloting after going 19-6 with a 2.72 ERA. The ace of one of the deepest rotations in baseball last season, Price will be counted on even more in 2013 following a six-player trade that sent right-handers James Shields and Wade Davis to the Kansas City Royals in exchange for four minor leaguers, including top prospects Wil Myers and Jake Odorizzi.
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Bright future for Minnesota Timberwolves

Eli and Archie Manning say Peyton won’t likely leave Denver if he plays in 2016

NCAA mulls changes to graduate transfer and targeting rules

Cavs active in NBA trade market, covet Jared Dudley

Roger Goodell expectedly dodges Patriots-related questions at Super Bowl

Baltimore Orioles acquire starting pitcher Odrisamer Despaigne

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

USC athletic director Pat Haden to retire in June

Report: Browns owner ‘frustrated, emotional’ about Johnny Manziel

Raiders and Texans to play MNF game in Mexico City in 2016

Goodell wants to keep Raiders, Chargers in home markets

Deadly shooting breaks out at Dublin boxing weigh-in

Mike Shula vs. Wade Phillips: The best story of Super Bowl 50

QUIZ: Name every NFL regular season MVP

WATCH: Avery Bradley nails buzzer beater to beat Cavs

WATCH: Jimmy Butler taken to locker room in wheel chair

Klay Thompson's first five years in historical context

WATCH: Cubs' Kris Bryant went swimming with sharks

Sports Authority taking steps to file for bankruptcy

Major League Baseball threatens to disassociate from DraftKings

NFL considering moving Pro Bowl to Australia

Joe Montana warns NFL players about potential long-term damage after retirement

Report: Two people fired for leaking Jason Pierre-Paul information

‘Crying Jordan’ photographer had no idea it existed until this week

NHL nightmare: No Canadian teams in the NHL playoff hunt

Seven unheralded players set to make major impacts in SB 50

MLB News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

The 14 biggest plays in Super Bowl history

Five outrageous predictions for Super Bowl 50

QUIZ: Name the winning starting quarterback from every Super Bowl

The top six matchups that could decide Super Bowl 50

Seven unheralded players set to make major impacts in SB 50

10 underrated performances in the NBA Slam Dunk Contest

X-factors in Super Bowl 50

NHL nightmare: No Canadian teams in playoff hunt

QUIZ: Name the Super Bowl halftime performers since 1991

Manziel's father fears for QB's life

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker