Report: Rays, Price agree on $10M 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

Paul George extremely critical of Pacers following trade deadline

Chris Bosh joining TNT as analyst

Cameron Payne will have chance to shine with Bulls

Danny Ainge opens up about why Celtics didn’t make a trade before deadline

Kevin Durant wants to be NBA GM or owner after playing career

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Mavericks discussing buyout with Deron Williams

T-Wolves reportedly backed away from Ricky Rubio-Derrick Rose trade

DeMarcus Cousins calls duo with Anthony Davis ‘Fire and Ice’

Reasons why 76ers got so little for Nerlens Noel emerge

John Lynch: 49ers ‘absolutely’ need to improve at QB position

Report: Raptors trade Jared Sullinger, two future picks to Suns for P.J. Tucker

Grading the NBA trade deadline on the Vince Carter scale

The 'Pete Rose instead of Kareem? Surely, you can't be serious' quiz

Streaming sports docuseries you don't want to miss

Teams that can prevent a Cavs-Warriors NBA Finals three-peat

The NFL off-season is a passer’s fancy

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

Box Score 2/23: Gillon's buzzer-beater blast for the win

The Aesthetic: Pushing the boundaries of the three-pointer

The top 10 MLB third basemen heading into spring training

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

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

Grading the NBA trade deadline on the Vince Carter scale

Streaming sports docuseries you don't want to miss

The 'Pete Rose instead of Kareem? Surely, you can't be serious' quiz

Teams that can prevent a Cavs-Warriors NBA Finals three-peat

The NFL off-season is a passer’s fancy

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

QUIZ: Name every MLB pitcher who has recorded 10 or more shutouts in a single season

The top 10 MLB third basemen heading into spring training

The Aesthetic: Pushing the boundaries of the three-pointer

NBA coaches who should be fired soon

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