Red Sox sign ace David Price to mega deal

After much speculation and rumors floating around the Major League Baseball, the Boston Red Sox have signed an ace with a seven-year, $217 million contract given to David Price.

The signing of Price represents a monumental move for a Red Sox team that was expected to add a frontline starting pitcher this offseason and was widely expected to be one of the highest bidders for Price. And David Price will be filling that void, as the two sides agreed to a seven-year deal worth $217 million, averaging out to $31 million per year.

For what it’s worth, new Red Sox senior vice president of baseball operations Frank Wren denied the back-and-forth reports on air with WEEI. This will only help him during his time with the Red Sox because he is already used to pitching to their divisional opponents.

This story will be updated. When the Tigers fell out of the race, he was sent to Toronto, where he was an integral part of the Blue Jays‘ first playoff appearance since 1993. No deferred money. Three-year opt-out. The presence of Price on the market, alongside others such as Zack Greinke and Johnny Cueto, made a long-term deal for a starter likely.

Price, who owns a career record of 104-56 with a 3.09 ERA, has won a Cy Young Award (2012) and finished second twice (2010 and 2015). The previous record was the four-year, $82.5 million extension given to Rick Porcello in April 2015. Now, it will be interesting to see the next moves of Dave Dombrowski as he attempts to make the Red Sox a contender.

Originally considered the centerpiece of the Rays rebuilding, Price was traded at the deadline in 2014 to Detroit, only to be dealt again the following season to Toronto for prospects. Yes, it could work out nice for the first few seasons, but as Price gets older and begins to digress it’s going to go down as a historically bad contract.

Now, unless he opts out of his contract or is traded, Price has a chance to become the first pitcher to spend his entire career in the American League in the DH era and reach the Hall of Fame.

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