ST. PETERSBURG, Fla. (AP) - The Tampa Bay Rays have announced American League Cy Young Award winner David Price has agreed to a one-year deal for just over $10 million and avoided arbitration.
Price became the franchise's first 20-game winner in 2012, going 20-5 with an AL-best 2.56 ERA. He narrowly beat out Detroit's Justin Verlander for the honor that goes to the league's top pitcher.
The hard-throwing left-hander is 61-31 with a 3.16 ERA in five seasons with the Rays. The first overall pick in the 2007 draft out of Vanderbilt, Price is a three-time All-Star.
The 27-year-old ranks second in club history in wins and is third in innings pitched, strikeouts and starts.
Price, who earned $4.35 million in 2012, agreed to the $10.1125 million deal Tuesday. The Rays announced it on Wednesday.

Top MLB Public Bets

MLB Top Stories

Thumbnail Braves vs. Dodgers Prediction Will the Dodgers snap a two-game losing skid versus the Braves when the two teams meet tonight at 9:10PM ET?
Thumbnail Nationals vs. D-Backs Prediction Will the Nationals rebound from last night's loss and beat the Diamondbacks tonight at 8:10PM ET?
Thumbnail Red Sox vs. Angels Prediction Will David Price and the Red Sox quiet the Angels' bats tonight at 9:07PM ET when the two teams meet again in Anaheim?
Thumbnail Yankees vs. Mariners Pick Can the New York Yankees pick up another win over the Seattle Mariners out west when the two meet up...
Thumbnail Pirates vs. Rockies Prediction Will the Pirates beat the Rockies and pick up their seventh consecutive win when the two teams meet at 8:10PM ET?

MLB Team Pages