The Red Sox are taking no shortcuts with their rotation this time. According to a source briefed on the negotiations, they agreed on Tuesday on a seven-year, $217 million contract with lefthander David Price.
Price, 30, was one of the two best starters on the free-agent market along with Zack Greinke.
The Sox built a rotation of middling starters last season, a flawed strategy that led to finishing in last place. Dave Dombrowski, an executive with a long history of making splashy deals, was hired as president of baseball operations to make significant changes and was aggressive in doing so.
Price’s deal dwarfs what had been the largest contract for a Red Sox pitcher, both by average annual value and total cost. The previous high was a four-year, $82.5 million extension given to Rick Porcello in April.