Former Rays ace David Price to join rival Red Sox
The Rays will be seeing plenty of former ace David Price.
Price has agreed to a massive deal with the rival Red Sox, signing on for $217-million over seven years, as first reported by the Boston Globe.
The total value is the largest for any pitcher, and the $31-million annual average matches Detroit 1B Miguel Cabrera for highest in the game. The contract includes an opt-out clause after three seasons, per Ken Rosenthal of Fox Sports.
The annual breakdowns on Price's deal look like this: $30M, $30M, $30M, $31M, $32M, $32M, $32M. Price has the option to opt out after three years (and $90-million). There is no deferred money.
The signing stirred some mixed emotions from Rays players close to Price.
"On a personal level I'm beyond thrilled for David,'' All-Star ace Chris Archer said. "I think he's worth every penny, on and off the field. The city will never be disappointed with his effort.
Him coming back to the AL East is going to be a fun challenge for us and the division. This definitely adds a little fire under us knowing we will continue to compete against the best for the top spot in our division.''
Price was considered the top free agent on the market, having finished the season with Toronto after being traded by Detroit. The Rays traded him to the Tigers in July 2014.