Tampa Bay Rays left hander David Price won the award, barely nudging out Detroit Tigers ace Justin Verlander, who won the award in 2011. Price finished with 14 first-place votes and 153 points, and Verlander received 13 first-place votes and 149 points. Points are tabulated according to a system that rewards seven points for first place, four for second, three for third, two for fourth and one for fifth.
Hernandez, who didn't receive a vote higher than third-place and received 41 points overall, finished behind Los Angeles Angels right hander Jered Weaver (70 points). The Mariners ace had a fantastic season, going 13-9 with a 3.06 ERA, and throwing a perfect game.
The vote was the closest since 1969, when Mike Cuellar of the Baltimore Orioles and Denny McLain of the Detroit Tigers finished tied in the voting.