David Price

Starting Pitcher Age: 30 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 30 $30,000,000 $30,000,000
    2017 Contract details by year 31 $30,000,000 $30,000,000
    2018 Contract details by year 32 $30,000,000 $30,000,000
    2019 Contract details by year 33 $31,000,000 $31,000,000
    2020 Contract details by year 34 $32,000,000 $32,000,000
    2021 Contract details by year 35 $32,000,000 $32,000,000
    2022 Contract details by year 36 $32,000,000 $32,000,000
    2023 Free Agent Year 37 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 $5,600,000 - $6,100,000
    2008 Player Cash Earnings $650,000 - - $650,000
    2009 Player Cash Earnings $750,000 - - $750,000
    2010 Player Cash Earnings $1,000,000 - $80,000 $1,080,000
    2011 Player Cash Earnings $1,250,000 - - $1,250,000
    2012 Player Cash Earnings $4,350,000 - - $4,350,000
    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
    Est. Earnings (9 seasons) $52,362,500 $10,600,000 $80,000 $63,042,500
    2016 Player Cash Earnings $30,000,000 - - $30,000,000
    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 $10,600,000 $80,000 $184,042,500
    * 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: #2
    Boston Red Sox: #1

    Total Cash ($30,000,000) Rank

    Average Annual ($31,000,000) Rank
  • Statistics

    Season Team GP GS IP H R ER BB K HR W L S ERA
    2015 TOR 32 32 220.1 191 70 62 47 225 17 18 5 0 2.54
    2014 TB 34 34 248.1 230 100 90 38 271 25 15 12 0 3.27
    2013 TB 27 27 186.2 178 78 69 27 151 16 10 8 0 3.32
    2012 TB 31 31 211. 173 63 60 59 205 16 20 5 0 2.56
    2011 TB 34 34 224.1 192 93 87 63 218 22 12 12 0 3.50
    2010 TB 32 31 208.2 170 71 63 79 188 15 19 5 0 2.71
    2009 TB 22 22 122. 117 71 62 49 98 17 9 7 0 4.57
    2008 TB 5 1 14. 9 4 3 4 12 1 0 0 0 1.93
  • Calculated Market Value

    Market Value

    • 6 yrs, $166,712,938
    • Avg. Salary: $27,785,490
    • 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 (30), a linear regression is performed, providing us with the following initial value.

    Length Value Avg. Salary
    6 $164,496,350 $27,416,058


    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 30.00 6.73 0.48 6.4 1.06 2.95
    Average 32.13 6.85 0.54 6.85 1.08 2.90
    David Price 2014-2015 33.00 7.1 0.50 7.52 1.08 2.92
    % Change 2.71% 3.65% -7.41% 9.78% 0.00% -0.69%
    Median Prime % Change 1.36%
    Average Prime % Change 1.34%


    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 market value.

    6 yr, $166,712,938 ($27,785,490 average)