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Red Sox’ David Price gives Vanderbilt $2.5 million

David Price was the No. 1 pick in the 2007 draft of of Vanderbilt. File/Jim Davis/Globe Staff

NASHVILLE — Red Sox pitcher David Price is giving $2.5 million to Vanderbilt for a baseball facilities project.

The gift announced Friday is the largest for the $12 million project and capped fund-raising.

The project involves a 30,000 square foot facility with open air batting cages, a weight room and cardio area, new offices and operations space overlooking Hawkins Field at the left field wall. A new locker room will be for former players who return for offseason training, and the clubhouse, team locker room and lounge are being renovated.

Sixty percent of donations came from coach Tim Corbin’s former players, led by Price, the No. 1 draft pick in 2007.

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Price says he wouldn’t be where he is today without support from both Corbin and Vanderbilt.