The Red Sox are rolling the dice on David Price as they reportedly agreed to terms with the superstar free agent Tuesday.

The reported seven-year, $217 million deal is the richest ever given to a starting pitcher based on average annual value. Price has been highly dominant over the years, but the deal is extremely risky based upon Price's age (he turned 30 in August) and the fortunes of MLB teams that sign older players to mammoth free agent deals.

It is the signature move of the Dave Dombrowski era with the Red Sox. Red Sox owner John Henry had stated in the past that he did not agree with teams throwing big money at starting free agent pitchers over the age of 30. 

Price went 18-5 with a 2.45 ERA last season with the Tigers and Blue Jays. Price played the first six years of his MLB career in Tampa Bay and has plenty of experience pitching at Fenway Park. 

The negative? The lefty has endured plenty of criticism for his lack of success in the postseason. He went 1-2 with a 6.17 ERA in four starts with the Jays this past postseason.