Written by Joseph Coblitz at The Comeback
These aren’t your father’s Red Sox and just because they finished in last place for two straight years doesn’t mean they are resigning to a long-term rebuild. Boston has already been active this offseason and dropped the hammer (and its wallets) on Tuesday, signing David Price to a seven-year, $217 million deal.
The contract breaks down as follows:
David Price’s annual salaries: 30, 30, 30, 31, 32, 32. 32. No deferred money in deal. Opt out after 3 yrs #redsox
— Jerry Crasnick (@jcrasnick) December 1, 2015
#Redox willingness to do a deal with no deferred $$ was a key to locking up Price so quickly.
— Jerry Crasnick (@jcrasnick) December 1, 2015
Price was the both the biggest pitcher on the market and the biggest player overall, so a deal of this magnitude was expected, even if it wasn’t the Red Sox who were predicted to sign him. In doing so, Price has signed the eighth-largest contract in total value in baseball history, surpassing Clayton Kershaw’s seven-year, $215 million extension with the Dodgers, which made him the highest-paid pitcher ever.
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