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Red Sox Trade Rumors: 'Multiple Teams' Targeting David Price Amid Free Agency

Paul KasabianSenior ContributorDecember 11, 2019

NEW YORK, NY - AUGUST 04:  Pitcher David Price #10 of the Boston Red Sox pitches in an MLB baseball game against the New York Yankees on August 4, 2019 at Yankee Stadium in the Bronx borough of New York City. Yankees won 7-4. (Photo by Paul Bereswill/Getty Images)
Paul Bereswill/Getty Images

Multiple teams have targeted Boston Red Sox starting pitcher David Price via trade, according to ESPN's Jeff Passan.

Price, 34, went 7-5 with a 4.28 ERA and 128 strikeouts in 107.1 innings last season. The southpaw suffered left elbow and wrist injuries that limited him to 22 starts.

Per Passan, he has $96 million left over the final three seasons of his seven-year, $217 million contract, which runs through 2022.

The Red Sox announced plans in September to cut payroll and get under the luxury-tax threshold, per the Associated Press (via the New York Post), which provided more details:

"Next year's threshold goes up to $208 million, and the Red Sox will be helped by the departure from the payroll of $56.82 million invested in five players: Rick Porcello ($20,625,000), Pablo Sandoval ($18,445,000), Mitch Moreland ($6.5 million), Steve Pearce ($6,250,000) and Eduardo Nunez ($5 million).

"If the Red Sox exceed the threshold for a third straight season in 2020, their base tax rate would rise from 30% to 50% and they would face surcharges that would raise he rate to 62% at $228 million and 95% at $248 million."

"We need to be under the CBT," Red Sox controlling over John Henry said. "That was something we've known for more than a year now."

The future of 2018 AL MVP Mookie Betts in Boston has even come into question. He is set to be a free agent after the 2020 season.

However, Alex Speier of the Boston Globe wrote Tuesday that Boston has "shown a greater willingness to explore the market for other players on their roster, including starting pitchers," according to an executive on another MLB club.

Price would seem to fit that bill as a starting pitcher owed nearly $100 million. Passan noted that the Sox could "attach [a] player with value or potentially pay down some of Price's remaining [money]" to sweeten a deal.

Regardless of who stays or goes, the Sox may look much different on Opening Day on March 26, 2020, at the Toronto Blue Jays.