David Price Agrees To 7-year, $217 Million Deal With Red Sox Over Cardinals
David Price has reached an agreement on a seven-year, $217 million deal with the Boston Red Sox. Price, 30, was 18-5 with an AL-leading 2.45 ERA last season with the Detroit Tigers and Toronto Blue Jays. He was second in the AL in pitching WAR at 6.0 in 2015. The five-time All-Star has an opt-out after three years with no deferred money. The yearly payout for Price is $30 million, $30 million, $30 million, $31 million, $32 million, $32 million and $32 million.
Acquired by the Blue Jays at the trade deadline, Price went 9-1 with a 2.30 ERA in the regular season for Toronto. The postseason was a different story, however, as a ghastly 6.17 ERA was coupled with a 1-2 mark in the Blue Jays’ first playoff appearance since 1993.
Price spent the first six seasons of his career with the Tampa Bay Rays, including a Cy Young year in 2012. He posted an 82-47 record with a 3.18 ERA during his time with the Rays, before being dealt to Detroit in 2014. At that time, current Red Sox president of baseball operations Dave Dombrowski was serving as the Tigers GM.
Price went 13-8 in 32 regular-season starts with the Tigers over parts of two seasons, but he failed to be the final piece in bringing a World Series title to Detroit.
The Red Sox are banking on Price being the ace the team has lacked since left-hander Jon Lester was traded to Oakland at the 2014 trade deadline. The Red Sox tried to reacquire Lester as a free agent prior to last season, but he ultimately signed with the Cubs.
Price’s 1.95 ERA at Fenway Park is the best of any ballpark he has visited at least 10 times and the lowest among any player since Price debuted in 2008.