Yesterday, Jake Arrieta‘s arbitration hearing was scheduled with the Cubs and him about $5.5 million apart on his salary for the 2016 season.
A day later, the Associated Press is reporting that the Cubs and Arrieta won’t have to go to arbitration at all now, as Arrieta has agreed to make $10.7 million in 2016:
A person familiar with the negotiations says Chicago Cubs ace Jake Arrieta has agreed to a $10.7 million, one-year contract, avoiding arbitration with the highest one-year deal for a pitcher with four years of major league service.
The person spoke to The Associated Press on Friday night on condition of anonymity because the contract had not been announced by the team.
Arrieta won the 2015 Cy Young Award by putting up a 1.77 earned run average and a 22-6 win-loss record with 236 strikeouts over 229 innings of work. Arrieta made under $3.5 million last year, so he we was looking for a $10 million raise, and rightfully so.
Arrieta will head to arbitration three before he is free agent in 2018. It’s likely that him and the Cubs get an extension done prior to then.
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