ST. PETERSBURG, Fla. -- The Tampa Bay Rays and American League Cy Young Award winner David Price have agreed to a one-year deal for just over 10 million and avoided arbitration.
Price, who earned 4.35 million in 2012, agreed to the 10.1125 million deal Tuesday. The Rays announced it on Wednesday.
He became the franchise's first 20-game winner in 2012, going 20-5 with an AL-best 2.56 ERA and 205 strikeouts in 211 innings. Price narrowly beat out Detroit's Justin Verlander for the honor that annually goes to the league's top pitcher.
The hard-throwing left-hander is 61-31 with a 3.16 ERA in five seasons with the Rays. The first overall pick in the 2007 draft out of Vanderbilt, Price is a three-time All-Star.
Price, 27, ranks second in club history in wins and is third in innings pitched, strikeouts and starts, while helping Tampa Bay make the playoffs three of the past five seasons. Over the past three seasons, Price's .680 winning percentage is third best in the majors behind Verlander and CC Sabathia (see full story).
Cubs announce 52 million deal with Jackson
CHICAGO -- Edwin Jackson keeps bouncing around, and he thinks he knows why.
"I think everybody likes me," he said.
MLB
The 29-year-old right-hander might find some stability now that he has a four-year, 52 million deal with the Chicago Cubs.
The team announced the move on Wednesday after reaching an agreement last month, giving the Cubs a durable starter to add to their rotation as they try to dig themselves out from a 101-loss season.
Jackson is now on his eighth team in 11 years, including a run with the crosstown White Sox, and is 70-71 lifetime with a 4.40 ERA. He made the All-Star team with Detroit in 2009 and pitched a no-hitter for Arizona in 2010. He has also played for the Los Angeles Dodgers, Tampa Bay, St. Louis and Washington, going 10-11 with a 4.03 ERA for the NL East champion Nationals last season (see full story).
Indians reclaim Canzler
CLEVELAND -- Russ Canzler is back with the Indians. Nick Swisher is on his way.
Canzler, who was designated for assignment last month, was reclaimed by Cleveland on Wednesday. Canzler had been designated for assignment last month when the Indians signed free agent first baseman Mark Reynolds.
Canzler could become the Indians' full-time designated hitter if the club doesn't make any more moved in what has been a busy offseason.
On Thursday, the club is expected to introduce Swisher, who agreed to terms on a four-year, 56 million deal in December. Swisher will take a physical, and as long as there are no holdups, the 32-year-old will be introduced at a press conference in Progressive Field. Swisher fills a hole in right field after the Indians traded Shin-Soo Choo to the Cincinnati Reds as part of a three-team, nine-player swap (see full story).
2013 by STATS LLC and Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and Associated Press is strictly prohibited.