Wed 1/2/13 3:27 PM

Rays and LHP David Price avoided arbitration by agreeing to a one-year, $10.1125 million contract. The agreement was first reported Tuesday night, and the Rays officially announced the specifics on Wednesday. It's a well-deserved raise for Price, who won the American League Cy Young Award last season. However, one wonders if he might eventually become too expensive for low-budget Tampa Bay.