Hot Stove: Rays, David Price avoid arbitration with 1-year deal
|01.02.13 at 9:40 am ET|
According to multiple reports, the Rays and left-hander David Price — the 2012 American League Cy Young Award winner — avoided salary arbitration by agreeing to a one-year deal. Jon Heyman of CBSSports.com reports that the deal will pay Price $10.1 million in 2013. Price, who is arbitration eligible for the second time but remains three years from free agency, more than doubled his 2012 salary of $4.35 million. The 27-year-old went 20-5 with a 2.56 ERA and 205 strikeouts in 211 innings, leading the American League in wins and ERA.
Latest from Bleacher Report
- Updates on Red Sox Outfielder Chris Young Injury's
- Moncada Has a 'Following Everywhere We Go'
- AL ERA Leader Steven Wright Filling Red Sox's Need for Co-Ace
- Rusney Castillo Clears Waivers, Sent to Triple-A: Comments, Reaction
- Ted Williams 'Would Have Loved' Ortiz Hitting HR No. 521
- Prospect Profile for Red Sox's 1st-Round Pick Jason Groome
- Can Red Sox Make Real Run at 1,000 Runs in 2016?
- Cup of Coffee: Espinoza, O'Sullivan impress on the mound
- SoxProspects Featured Video: Sam Travis
- Cup of Coffee: GCL opens season, Washington, Moncada mash
- Scouting Scratch: Kevin Steen, Enmanuel De Jesus and more Lowell pitchers
- Cup of Coffee: Beeks, Dubon debut at Double-A, Lowell wins again
- Sources: Mauricio Dubon promoted to Portland
- Scouting Scratch: Michael Kopech
- Cup of Coffee: Moncada stays hot in Portland; Lowell improves to 6-0
- Cup of Coffee: Moncada makes Double-A debut; Owens dominates for PawSox
- Cup of Coffee: Holt doubles twice in first rehab appearance