5:52pm: Martinez will earn $3MM, Perchick tweets.
1:28pm: Alfredo Simon has also avoided arbitration with Detroit, settling on a $5.55MM salary for 2015 — his final year of team control — according to Mike Perchick of WAPT (Twitter link). He’d been projected at $5.1MM.
12:04pm: The Tigers and left-hander David Price have avoided arbitration by agreeing to a whopping $19.75MM salary for the ace’s final year of team control, tweets Jon Heyman of CBS Sports. Price’s salary tops the $18.9MM projection of MLBTR contributor Matt Swartz by about $900K.
Price’s salary is a record-breaker for a starting pitcher in arbitration, topping the mark set just last winter by his now-former teammate Max Scherzer, who earned a $15.25MM sum. The former No. 1 overall pick split the season between the Rays and Detroit following a last-minute three-team trade on the day of the trade deadline, in which Nick Franklin, Drew Smyly and Willy Adames went to the Rays, with Price heading to the Tigers and Austin Jackson going to the Mariners. In total, Price put together another dominant season, compiling a 3.26 ERA while leading the league in innings pitched (248 1/3) and strikeouts (271).