David Price has agreed to a one-year, $19.75 million deal with the Detroit Tigers, according to reports.

The agreement would be the largest one-year deal for a player who filed for arbitration.

Price went 15-12 with a 3.26 ERA and a league-leading 271 strikeouts in 2014 with the Tampa Bay Rays and Tigers, who acquired him in a three-team trade July 31.

The left-hander, who will become a free agent after the 2015 season, made $14 million last season.