Rays, David Price avoid arbitration for $14 million

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David Price and the Rays won’t be going through an arbitration hearing, as the two sides have agreed to a one-year, $14 million contract. For comparison, Tampa Bay’s entire payroll last season was $58 million.

Price will be arbitration eligible for the final time in 2015 before hitting the open market as a free agent, which is why he’s been the subject of trade speculation that will no doubt continue. I’d bet Price read a few articles about Clayton Kershaw yesterday.

He made $10 million last season, starting 27 games with a 3.33 ERA and 151/27 K/BB ratio in 187 innings as the follow-up to his Cy Young-winning 2012 campaign.