Rays avoid arbitration with 2012 American League Cy Young Award winner David Price

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From ESPN’s Jerry Crasnick comes word that the Rays and left-hander David Price avoided salary arbitration Tuesday by agreeing to a one-year deal.

The exact financial details haven’t been disclosed.

Price, a Super Two qualifier who’s arbitration-eligible for the second time, turned in a dominant 2.56 ERA, 1.10 WHIP and 8.7 K/9 in 31 starts last season for Tampa Bay en route to capturing Cy Young Award honors in the American League. He was named an All-Star in July and wound up with a few MVP votes.

The 27-year-old southpaw is not eligible for free agency until after the 2015 campaign. He owns a 3.16 career ERA through four-plus MLB seasons.

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UPDATE, 7:47 PM: According to Joe Smith of the Tampa Bay Times, Price will get “just over $10 million” in 2013. That’s more than double the $4.35 million he made last season in his first year of salary arbitration.

Brewers, Jimmy Nelson avoid arbitration with one-year, $3.7 million contract

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Tom Haudricourt of the Milwaukee Journal Sentinel reports that the Brewers and starter Jimmy Nelson have avoided arbitration, agreeing to a one-year, $3.7 million contract. The deal includes a $50,000 bonus if he wins Comeback Player of the Year Award, per Fancred’s Jon Heyman.

Nelson, 29, was entering his second of three years of arbitration eligibility. The right-hander missed the entire 2018 season after undergoing shoulder surgery in September 2017. He had a solid 2017 season, finishing with a 3.49 ERA and a 199/48 K/BB ratio in 1751/3 innings of work. The Brewers are hoping he can return to form this coming season.

Assuming he’s healthy and productive, he will rejoin a rotation that now includes Jhoulys Chacin, Chase Anderson, Zach Davis, and an as yet undecided No. 5 starter.