David Price Embed This NEW

Starting Pitcher Age: 31 Exp: 6.164 Years
Drafted: Round 1 (#1 overall), 2007 College: Vanderbilt Agent(s): Bo McKinnis
  • Current Contract

    David Price signed a 7 year / $217,000,000 contract with the Boston Red Sox, including $217,000,000 guaranteed, and an annual average salary of $31,000,000. In 2016, Price will earn a base salary of $30,000,000. Price has a cap hit of $30,000,000.

    Contract: 7 yr(s) / $217,000,000
    Signing Bonus -
    Average Salary $31,000,000
    Free Agent: 2023 / UFA
    Year   Age Base Salary Total Salary
    2016 Contract details by year 31 $30,000,000 $30,000,000
    2017 Contract details by year 32 $30,000,000 $30,000,000
    2018 Contract details by year 33 $30,000,000 $30,000,000
    2019 Contract details by year 34 $31,000,000 $31,000,000
    2020 Contract details by year 35 $32,000,000 $32,000,000
    2021 Contract details by year 36 $32,000,000 $32,000,000
    2022 Contract details by year 37 $32,000,000 $32,000,000
    2023 Free Agent Year 38 UFA  
    Contract Notes:
    • No deferred money
    • Can opt-out after the 2018 season

    Previous Contracts

    2015-2015 Dead Money

    Year   Base Salary Dead Cap Hit
    2015 Contract details by year $12,519,126 $12,519,126
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  • Estimated Career Earnings

    Year Team Salary Signing Bonus Incentive Total Cash
    2007 Player Cash Earnings $500,000 $933,333 - $1,433,333
    2008 Player Cash Earnings $650,000 $933,333 - $1,583,333
    2009 Player Cash Earnings $750,000 $933,333 - $1,683,333
    2010 Player Cash Earnings $1,000,000 $933,333 $80,000 $2,013,333
    2011 Player Cash Earnings $1,250,000 $933,333 - $2,183,333
    2012 Player Cash Earnings $4,350,000 $933,333 - $5,283,333
    2013 Player Cash Earnings $6,112,500 $5,000,000 - $11,112,500
    2014 Player Cash Earnings $8,513,661 - - $8,513,661
    2014 Player Cash Earnings $9,486,339 - - $9,486,339
    2015 Player Cash Earnings $7,230,874 - - $7,230,874
    2015 Player Cash Earnings $12,519,126 - - $12,519,126
    2016 Player Cash Earnings $30,000,000 - - $30,000,000
    Est. Earnings (10 seasons) $82,362,500 $10,599,998 $80,000 $93,042,498
    2017 Player Cash Earnings $30,000,000 - - $30,000,000
    2018 Player Cash Earnings $30,000,000 - - $30,000,000
    2019 Player Cash Earnings - - - $31,000,000
    $142,362,500 $10,599,998 $80,000 $184,042,498
    * denotes deferred payment
  • 2016 Player Rankings

    A visual look at how David Price ranks across the league, conference, division, and team.

     

    Cap Hit ($30,000,000) Rank
    MLB: #3
    Boston Red Sox: #1
    Starting Pitcher: #3

    Total Cash ($30,000,000) Rank
    MLB: #2
    Starting Pitcher: #2

    Average Annual ($31,000,000) Rank
    MLB: #2
    Starting Pitcher: #2
  •  

    Statistics

    Season Team GP GS IP H R ER BB K HR W L S ERA WHIP
    2016 BOS 27 27 177.2 179 83 79 39 179 21 12 8 0 4.00 1.227
    2015 DET 32 32 220.1 191 70 62 47 225 17 18 5 0 2.53 1.08
    2014 DET 34 34 248.1 230 100 90 38 271 25 15 12 0 3.26 1.079
    2013 TB 27 27 186.2 178 78 69 27 151 16 10 8 0 3.33 1.098
    2012 TB 31 31 211. 173 63 60 59 205 16 20 5 0 2.56 1.1
    2011 TB 34 34 224.1 192 93 87 63 218 22 12 13 0 3.49 1.137
    2010 TB 32 31 208.2 170 71 63 79 188 15 19 6 0 2.72 1.193
    2009 TB 23 23 128.1 119 72 63 54 102 17 10 7 0 4.42 1.348
    2008 TB 5 1 14. 9 4 3 4 12 1 0 0 0 1.93 0.929
  • Calculated Market Value

    Market Value

    • 6 yrs, $166,780,429
    • Avg. Salary: $27,796,738
    • MLB Rank: 5

    Current Contract

    • Free Agent: 2023
    • Avg. Salary: $31,000,000
    • MLB Rank: 2

    Comparable Players

    We've selected the following players based on their age, contract status, and statistical production to compare David Price to.

    Player Length Value Avg. Salary Age When Signed
    Max Scherzer 7 $210,000,000 $30,000,000 30
    Justin Verlander 6 $162,000,000 $27,000,000 29
    Jon Lester 6 $155,000,000 $25,833,333 30
    Cole Hamels 6 $144,000,000 $24,000,000 29
    Averages 6.3 $167,750,000 $26,840,000 29.5


    Base Calculated Value

    After adjusting the above contracts as if signed at Price's current age (31), a linear regression is performed, providing us with the following initial value.

    Length Value Avg. Salary
    6 $165,273,684 $27,545,614


    Statistical Comparisons

    Now we'll compare our variables and Price statistically over the two seasons prior to their signing. In this case we're analyzing: Games Started, Innings Pitched per game, Wins/Start, Strikeouts per 9 innings, WHIP per season, ERA

    Player GS IP/G W/S SO WHIP ERA
    Max Scherzer 2013-2014, WSH 32.50 6.69 0.60 7.57 1.07 3.02
    Justin Verlander 2011-2012, DET 33.50 7.3 0.61 7.3 0.99 2.52
    Jon Lester 2013-2014, CHC 32.50 6.66 0.48 6.11 1.20 3.10
    Cole Hamels 2011-2012, PHI 31.00 6.74 0.50 6.41 1.05 2.92
    Average 32.38 6.85 0.55 6.85 1.08 2.89
    David Price 2014-2015 33.00 7.1 0.50 7.52 1.08 2.92
    % Change 1.91% 3.65% -9.09% 9.78% 0.00% -1.04%
    Median Prime % Change 0.96%
    Average Prime % Change 0.87%


    David Price's Calculated Market Value

    After applying our Prime % figures into our base calculated value, we're given two values. The average of these values becomes our current calculated market value.

    Terms Avg. Salary
    6 years, $166,780,429 27,796,738