St. Petersburg, FL, United States (4E Sports) – The Tampa Bay Rays and left-hander David Price avoided arbitration after the starter agreed to a one-year, $14 million deal for 2014, the largest one-year salary in franchise history.
With the deal, the 29-year-old Price got the largest one-year salary in franchise history.
The 28-year-old Price, who won the 2012 American League Cy Young Award, went 10-8 with a 3.33 ERA in 27 starts last year.
Despite spending 44 games on the disabled list with a left triceps strain, he led the AL with a 5.59 strikeout-to-walk ratio and ranked fourth all-time among AL left-handers in the category.
Price made $10.1125 million in 2013, at the time a record-high salary for a pitcher in his second year of arbitration eligibility. Tampa Bay is still on the hook for $4 million of that salary this year, as it was deferred until 2014.
He struggled early on last season, but he returned to his Cy Young Award form down the stretch, going 9-4 with a 2.53 ERA in 18 starts, with 102 strikeouts and only 13 walks.
During that stretch, he led the Majors in innings pitched, complete games (four) and fewest pitchers per inning (13.8).
Price, the No. 1 overall pick in the 2007 First-Year Player Draft, is the Rays’ all-time leader in ERA (3.19) and winning percentage (.645), and he ranks second behind James Shields in wins (71), games started (147), innings pitched (973) and complete games (eight).