One of the biggest names in free agency is off the board as the Red Sox and ace David Price have agreed to aseven-year, $217 million contract, according to . The deal is pending a physical.

MORE: |

The $31 million average annual value (AAV) of Price's deal Jake Browning Jerseys will match Miguel Cabrera's for the largest in baseball. It also will be the largest AAV for a pitcher,surpa sing the $30.7 million average of Clayton Kershaw's contract.

Price can opt out of the deal after three seasons, .

that the Red Sox outbid the Cardinals, who were close to signing Price to a seven-year contract for Clay Johnston Jerseys about $30 million le s than Boston offered.

The 30-year old southpaw owns a career 3.09 ERAand was the 2012 AL Cy Young winner. Over his last fourseasons, Price has complied an average of213 strikeouts in217 innings.

MORE: |

Price finished second in AL Cy Young Award voting in 2015 after going18-5 with a2.45 ERA, a 1.08 WHIP and a225:47 K:BB ratio in 220 1/3 innings with the Tigers and Blue Jays.

Price,a five- Evan Mcpherson T Shirts time All-Star, will be the ace of a Red Sox rotation that currently featuresClay Buchholz, Rick Porcello, Wade Miley, Eduardo Rodriguez and Joe Kelly.

Its the second big move for the Red Sox, who traded prospects to the Padres for four-time All-Star closer Craig Kimbrel earlier this offseason.

The move marks a reunion between Boston president of baseball operationsDave Dombrowski and Price. The two spent nearly a year together in Detroit.Dombrowski also was the Tigers executive who signed Cabrera to his deal in B.J. Hill Jerseys March 2014.

Sporting News Media's Tom Gatto contributed to this report.