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

Eddie Lacy defends Mike McCarthy for weight loss comments

Red Sox nearly had serious catcher emergency in loss to Tigers

Ohio State DL Dylan Thompson ineligible for season

Roger Federer will miss Olympics, U.S. Open with knee injury

Seahawks extend Pete Carroll through 2019

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

LSU kicker Colby Delahoussaye releases first statement following car crash

Report: Brock Osweiler could have made more money staying with Broncos

Andrew Luck: Feels `as good as I've ever felt` for training camp

Amar'e Stoudemire announces retirement after signing one-day contract with Knicks

Report: Gregory failed multiple drug tests since suspension

Olympian Abby Johnston: Worst thing about Olympic village is no Pokemon

Jeremy Lin reportedly looking to trademark phrase ‘Brook-Lin’

Matt Leinart engaged to actress Josie Loren

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

Report: Paul Pierce to return to Clippers

Jimbo Fisher: You come to FSU to win national championships

Andre Johnson worked out for Tennessee Titans

Shattenkirk for Krejci trade rumor still floating around

NHL Commissioner Gary Bettman denies link to C.T.E.

Michael Vick: Cam Newton can’t beat me in 40-yard dash

WATCH: Five other uniforms Chris Sale should cut up

Odell Beckham Jr. says Giants will play in Super Bowl LI

Iowa researchers say they can optimize Monday Night Football ratings with scheduling

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

WATCH: Inside the Nike SNKRS BOX in SF for Golden Air Celebration

WATCH: Five other uniforms Chris Sale should cut up

QUIZ: Name every Olympic event in which the USA has never won a gold medal

Five U.S. Olympians favored to win multiple gold medals

WATCH: What teams should join the Big 12?

One Gotta Go: Do NBA players really love NBA2K?

One Gotta Go: NBA players hate Facebook too

One Gotta Go: NBA players settle the fast food beef

One Gotta Go: NBA players make tough choices on their favorite rappers

One Gotta Go: NBA Summer League is not about that Game of Thrones life

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