David Price signs what was then the largest MLB pitcher deal ever

David Price agrees to a 7-year, $217 million deal with Boston

Price signed a seven-year, $217 million contract with the Red Sox, setting a new record for the highest average annual value for a pitcher at $31 million.

Price’s contract contained an exit clause after three years with no deferred money.

His annual payouts were $30 million in the first three years, $31 million in the fourth year and $32 million in the final three years.

Pitchers 2015 season review

After winning his debut game for Boston and starting with an 8-6 record and a 4.64 ERA in his first 18 games, he finished the season with a 17-9 record and a 3.99 ERA.

Price led the AL with 230 innings pitched and 227 hits allowed while striking out 228 batters.

He became the first pitcher since Chris Carpenter (2010) to start 35 games.

The Five Biggest MLB Pitcher Contracts

The top five MLB pitchers with the largest contracts are Shohei Ohtani, who received $700 million over 10 years with the Dodgers.

Max Scherzer moved to Texas for $130 million over three years.

Justin Verlander secured $86.67 million over two years with Houston.

Gerrit Cole, with $324 million in nine years with the Yankees; and Yoshinobo Yamamoto, with the Dodgers for $325 million over 12 years.