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David Price placed on injured list with wrist injury

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The Red Sox announced on Thursday that starter David Price has been placed on the 10-day injured list (retroactive to August 5) with a left wrist injury. An MRI revealed a TFCC (triangular fibrocartilage complex) cyst for which Price received a cortisone shot.

Pitcher Hector Velázquez has been recalled from Triple-A Pawtucket to take Price’s spot on the active roster.

Price, 33, is in the midst of his worst season — in terms of ERA — since his rookie year in 2009. He’s carrying a 4.36 ERA with 126 strikeouts and 31 walks across 105 1/3 innings.

Velázquez, 30, owns a 5.67 ERA across 46 innings in the majors this year. He was demoted to the minors in mid-July.

Giants sign Drew Smyly to one-year deal

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The Giants announced on Thursday that the club inked pitcher Drew Smyly to a one-year contract. As Alex Pavlovic of NBC Sports Bay Area notes, the contract is of the major league variety.

Smyly, 30, split last season between the Rangers and Phillies with a stint with the Brewers in between. He did not appear in a major league game with the Brewers. In aggregate, Smyly posted a 6.24 ERA with 120 strikeouts and 55 walks over 114 innings.

Smyly will vie for a spot at the back of the Giants’ starting rotation. If he doesn’t make the cut, he could work out of the bullpen. Pitching in the spacious confines of Oracle Park should help Smyly, who gave up 19 homers in Texas and 13 in Philly last season in more hitter-friendly parks.