David Price gets one-year, $14-million deal for Tampa Bay Rays

Tampa Bay Rays pitcher David Price delivers a

Tampa Bay Rays pitcher David Price delivers a pitch during Game 2 of the ALDS against the Boston Red Sox. (Oct. 5, 2013) (Credit: Getty)

ST. PETERSBURG, Fla. - Three-time AL All-Star David Price and the Tampa Bay Rays have agreed to a $14 million, one-year contract, the highest single-season salary in franchise history.

The 2012 Cy Young Award winner has been the subject of trade speculation after going 10-8 with a 3.33 ERA last year while earning $10,112,500. He is eligible for free agency after the 2015 season.

Price, a 28-year-old left-hander, had his 2013 season interrupted by his first stint on the disabled list, caused by a strained triceps.

Price is the Rays career leader in ERA and winning percentage, and he is second in victories.

Tampa Bay, which made the playoffs for the fourth time in six seasons, announced the deal Thursday.

advertisement | advertise on newsday

Baseball videos

Vote

What should Rob Manfred's first priority be as commissioner?

Speed up game Reinstate Pete Rose Regain young fans Something else

advertisement | advertise on newsday