David Price Current Contract Status and Earnings
David Price is a professional baseball pitcher whose most recent major contract was a seven-year, $217 million deal with the Boston Red Sox signed in December 2015. The agreement included a $19.75 million signing bonus and annual salaries ranging from $19.75 million in 2016 to a $21.7 million final year in 2022, with a full no-trade clause. Price became a free agent after the 2022 season, and as of the latest available public reports, he has not signed a new contract with any MLB team. His career earnings across all contracts are estimated at over $250 million, making him one of the highest-paid left-handed pitchers in league history. Details on his past agreements are available on official league and team pages, including resources like the MLB official site at www.mlb.com.
Before the Red Sox deal, Price signed a one-year, $21.7 million contract with the Los Angeles Dodgers in 2015, which included a $2 million signing bonus and performance bonuses tied to innings pitched and All-Star selections. That season, he posted a 2.45 ERA in 34 starts and earned the American League Cy Young Award in 2012 while with the Tampa Bay Rays. His career trajectory shows a consistent pattern of multi-year deals with significant guaranteed money, with total guaranteed value across major contracts exceeding $240 million. Public filings and team announcements confirm these figures, and further contract specifics can be reviewed through official team press releases and league databases.
David Price Career Timeline and Contract History
David Price was selected first overall by the Tampa Bay Rays in the 2007 MLB Draft and made his major league debut in 2008. He signed a five-year, $36 million contract extension with the Rays in 2008, which included a $5 million signing bonus and annual salaries escalating from $4.5 million to $9 million. After the extension, he later signed a seven-year, $100 million extension with the Rays in 2012 that ran through the 2019 season and included a $15 million signing bonus and a $60 million club option for 2020. Price was traded to the Toronto Blue Jays at the 2015 trade deadline and then to the Los Angeles Dodgers shortly after, before signing with Boston in December 2015. His career timeline is documented in league records and team archives accessible on sites like ESPN at www.espn.com.
The 2012 extension with Tampa Bay was a landmark deal at the time, making Price the highest-paid left-handed pitcher in MLB history. The contract guaranteed $60 million over the first five years and included a $15 million mutual option for 2019, which the Rays declined, making him a free agent. During his tenure with the Rays, Price won the AL Cy Young in 2012, made three All-Star teams, and posted a career ERA of 3.34 in 1,682 innings pitched. His contract history reflects a strategic progression from a rookie extension to mega-deal status, with each agreement increasing his annual salary and guaranteed money. Public contract data and salary figures are available through league resources and financial databases.
David Price Contract Impact and Financial Legacy
David Price's contracts have had a significant financial impact on every team he has played for, with total guaranteed money exceeding $240 million across four major deals. The Boston Red Sox contract, which carried a $36 million average annual value, was the largest for a left-handed pitcher at the time of signing and included $10 million in performance bonuses tied to innings