Price, Rays Avoid Arbitration | The Process Report

Price, Rays Avoid Arbitration

Earlier today, the Rays announced they agreed to terms with David Price for 2014. Price will earn $14 million in 2014, which is more than the $13.1 million that MLB Trade Rumors projected him to receive in the arbitration process a few weeks ago.  This deal does not necessarily guarantee Price stays with the Rays for the 2014 season, but there is a growing opinion in the market that it is unlikely Price is traded this season.

Price’s new salary will account for nearly 19 percent of the team’s projected team payroll for this season. Two years ago, this article review players and team situations where one player tied up such a large percentage of a team payroll. In recent years, Barry Bonds, Manny Ramirez, Todd Helton, and Michael Young have been on playoff teams will tying up at least 20 percent of the team payroll.

Six other players remain for the Rays to negotiate with or go to arbitration with: Jeremy Hellickson, Matt Joyce, Jose Lobaton, Jake McGee, Cesar Ramos, and Sean Rodriguez. The parties have until 1pm tomorrow to avoid an arbitration hearing and the organization is undefeated in its arbitration hearings under current leadership.

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