Found January 16, 2013 on Fox Sports:
David Price won the American League Cy Young Award in 2012, finishing with a 20-5 record and becoming the first AL East pitcher in nearly a decade to claim the league ERA title. But he scored an even bigger victory just before the end of the year: He beat the fiscal cliff. Even more intriguingly, he did so in a way that hinted at the possibility of a future trade. Not long before the clock struck midnight on New Year's Eve, Price and the Tampa Bay Rays reached agreement on a one-year contract for 2013 worth slightly more than $10 million. The ingenuity of the team and Price's agent, Bo McKinnis, was in the details. Price's contract included an immediate $5 million signing bonus, a 2013 base salary near $1 million, and $4 million in deferred salary payable in 2014. Why is that breakdown significant? Well, remember what was going on in Washington, DC, at the time? Congress was working to avoid the fiscal cliff. Eventually, Congress passed the American Taxpayer Relief...
THE BACKYARD
BEST OF MAXIM
RELATED ARTICLES

Rays OF Wil Myers to Start Season in Minors

The Tampa Bay Rays acquired Wil Myers from the Royals this winter in the trade that sent James Shields and Wade Davis to Kansas City. The star prospect was rumored to be ready for the big leagues last summer but the Royals never called him up. As for 2013 with the Rays, it seems like a certainty that Myers will start the year in the minors. Roger Mooney of the Tampa...
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!

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.