The Cy Young winner got himself paid.
At the same time that the U.S. Government was busy pulling itself together to solve this fiscal cliff debacle, the Tampa Bay Rays avoided a bit of a looming fiscal hiccup of its own, by agreeing to terms on a 1-year deal with Cy Young winner and staff ace, David Price.
The deal will pay Price just over $10-million for 2013, a sizable raise from his $4.35-million 2012 earnings. Price was entering his second year of arbitration eligibility and had been projected to make $9.5MM by MLBTradeRumors' Matt Swartz.
The left-hander will be eligible for free agency in 2016 but will first see two more hefty raises in arbitration for 2014 and 2015. A long term deal seems less likely each day and trade talks surrounding the three-time All Star will no doubt accelerate heading into next off-season.
The exact figures of the new deal are $10.1125-million, per Roger Mooney of the Tamp Tribune.
- R.J. Anderson of The Process Report takes a look at what we can expect from the Rays during the final six weeks of the off-season.
- Elsewhere, the Indians signed Brett Myers to a 1-year contract.
- In a rumor that is shocking to no one, the Marlins may be shopping their last good player, Giancarlo Stanton. Should they listen on offers?
- Yahoo! Sports makes a case for designated hitters in the National League. Zzzz