According to a report from the Boston Globe that has been confirmed by Ken Rosenthal, the Red Sox have agreed to terms on a seven-year, $217 million contract with David Price.
David Price has agreed to terms on the largest contract for a pitcher in baseball history. Price’s contract is the seventh largest in the history of the game. And his AAV of $31 million ties Miguel Cabrera for the highest in history.
Price has topped Clayton Kershaw (seven years, $215 million) for the biggest contract ever signed by a pitcher.
According to Ken Rosenthal, Price’s contract does not include any deferred money but does include an opt out after three years.
Jerry Crasnick reported David Price will make $30 million per season in 2016-18, $31 million in 2019 and $32 million per season in 2020-22.
David Kaplan is reporting the Cubs “were not a factor” in the Price sweepstakes. The Cubs are “looking to make multiple moves with their available money.”
Dave Dombrowski has now traded for David Price, traded him and signed him to a record contract in the last 16 months.
The Red Sox have not announced signing David Price. The deal is pending a physical.
According to Bob Nightengale, the Cardinals finished second in the Price sweepstakes. And according to George Ofman, the Red Sox were not going to be outbid for David Price. Ofman reported he was told “the Cubs never get to first base with Price because the price was too high.”