The Rays have have agreed to a 3-year, $21 million contract with James Loney according to Ken Rosenthal. The deal is pending a physical.
This move comes as a surprise, both for the length of the deal and the size. But it also shows you how much the Rays value a good defensive first baseman. It also is an indication that the Rays just did not like the available first basemen.
If the Rays do trade David Price, Loney will be the second-highest-paid player on the team next season. Evan Longoria would be first at $7.5 million in 2014. Ben Zobrist will also make $7.0 million.