Red Sox schedule Rafael Devers press conference for Wednesday

The $331 million commitment to Rafael Devers across the next 11 years is more than $100 million beyond Boston's largest prior contract, the $217 million it gave pitcher David Price following the 2015 season.Barry Chin/Globe Staff

The Red Sox have scheduled an 11 a.m. press conference at Fenway Park on Wednesday to formally announce the contract extension Rafael Devers agreed to last week.

The 26-year-old third baseman is signed for the next 11 seasons at a total of $331 million, the Sox adding a 10-year, $313.5 million extension to the $17.5 million contract Devers agreed to earlier this month to avoid arbitration.

Devers will receive a $20 million signing bonus, with salaries of $27.5 million per year from 2024-26, $31 million from 2027-30, and $29 million from 2031-33. The deal includes deferrals that will set the average annual value (as calculated for luxury tax purposes) at just more than $29 million over the 10-year life of the extension.

Sox manager Alex Cora flew in from Puerto Rico for the announcement. Team chairman Tom Werner also will be on hand, along with team president Sam Kennedy and chief baseball officer Chaim Bloom.

The Sox also announced the first spring training workout for pitchers and catchers will be Feb. 15 in Fort Myers, Fla., with the first full-squad workout on Feb. 20.

Tickets will go on sale for all spring training home games at 10 a.m. Thursday via RedSox.com/tickets. The Sox host Northeastern on Feb. 24 and open the Grapefruit League on Feb. 25 against the Braves in North Port, Fla.

Truck Day is Feb. 3.

2023 Red Sox Grapefruit League Schedule

Date	Opponent	Location	Time
Fri., Feb. 24	Northeastern	JetBlue Park	1:05 p.m.
Sat., Feb. 25	at Braves	North Port, Fla.	1:05 p.m.
Sun., Feb. 26	Rays	JetBlue Park	1:05 p.m.
Mon., Feb. 27	Twins	JetBlue Park	1:05 p.m.
Tue., Feb. 28	at Marlins	Jupiter, Fla.	6:40 p.m.
Wed., March 1	at Astros	West Palm Beach, Fla.	1:05 p.m.
Thu., March 2	Phillies	JetBlue Park	1:05 p.m.
Fri., March 3	at Twins	Fort Myers, Fla.	6:05 p.m.
Sat., March 4	Astros	JetBlue Park	1:05 p.m.
Sun., March 5	Marlins	JetBlue Park	1:05 p.m.
Mon., March 6	Tigers	JetBlue Park	1:05 p.m.
Tue., March 7	at Braves	North Port, Fla.	6:05 p.m.
Wed., March 8	Puerto Rico	JetBlue Park	6:05 p.m.
Thu., March 9	at Yankees	Tampa, Fla.	1:05 p.m.
Fri., March 10	Blue Jays	JetBlue Park	1:05 p.m.
Sat., March 11	at Twins	Fort Myers, Fla.	1:05 p.m.
Sun., March 12	Yankees (SS)	JetBlue Park	1:05 p.m.
Sun., March 12	at Orioles (SS)	Sarasota, Fla.	1:05 p.m.
Mon., March 13	at Blue Jays	Dunedin, Fla.	1:07 p.m.
Tue., March 14	at Tigers	Lakeland, Fla.	1:05 p.m.
Wed., March 15	Rays	JetBlue Park	1:05 p.m.
Fri., March 17	Braves	JetBlue Park	1:05 p.m.
Sat., March 18	Orioles (SS)	JetBlue Park	1:05 p.m.
Sat., March 18	at Rays (SS)	St. Petersburg, Fla.	TBD
Sun., March 19	at Phillies	Clearwater, Fla.	1:05 p.m.
Mon., March 20	Pirates	JetBlue Park	1:05 p.m.
Tue., March 21	at Orioles	Sarasota, Fla.	1:05 p.m.
Wed., March 22	Twins	JetBlue Park	6:05 p.m.
Thu., March 23	at Pirates	Bradenton, Fla.	1:05 p.m.
Fri., March 24	Braves	JetBlue Park	6:05 p.m.
Sat., March 25	at Rays	St. Petersburg, Fla.	TBD
Sun., March 26	Twins	JetBlue Park	1:05 p.m.
Mon., March 27	at Braves	North Port, Fla.	1:05 p.m.
Tue., March 28	Braves	JetBlue Park	1:05 p.m.