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

Hernandez's prison calls to Pouncey could come up in trial

Josh Hamilton experiences pain in reconstructed knee, leaves camp

Report: Pacers gauging trade market for Paul George

Washington eyeing Romo as potential Cousins replacement?

Joey Porter fight video from outside bar released

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Celtics’ unwillingness to deal Crowder roadblock in Butler deal

Sammy Sosa compares himself to Jesus talking about PED accusations

Philip Rivers: ‘I will always be playing for San Diego’

Yankees dramatically increase ticket prices for Derek Jeter Night

Report: Sixers may consider Noel trade if Okafor is not moved

Report: Belichick wants to coach at least five more years, outlast Brady

The Aesthetic: Pushing the boundaries of the three-pointer

NBA coaches who should be fired soon

Box Score 2/22: Not everyone is happy with the new intentional walk rule

Teams and players who could be dealing at the NBA trade deadline

As NHL trade deadline nears, seven teams who could be dealing

Nintendo is finally, thankfully embracing sports and eSports

The 'Did the Kings just make the Pelicans into a super team?' quiz

Will the Timberwolves start showcasing their potential?

'Playmakers' in Ice Cube's league who can help the Cavs

Box Score 2/21: It's trade heartbreak season

The guard tandems you'd want in a 2-on-2 tournament

We got our hands on the new Nintendo Switch, here are our first impressions

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 Aesthetic: Pushing the boundaries of the three-pointer

NBA coaches who should be fired soon

QUIZ: Name every MLB pitcher to win the MVP award

Teams, players who could be dealing at the NBA trade deadline

As NHL trade deadline nears, seven teams who could be dealing

Nintendo is finally, thankfully embracing sports and eSports

The 'Did the Kings just make the Pelicans into a super team?' quiz

Will the Timberwolves start showcasing their potential?

'Playmakers' in Ice Cube's league who can help the Cavs

QUIZ: Name every MLB pitcher to win 100 games with two different teams

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