Phillies, Arrieta agree on multi-year deal

Phillies, Arrieta agree on multi-year deal

Phillies, Arrieta agree on multi-year deal

Arrieta will become the Phillies' second big free-agent signing this winter. It naturally did not happen. Heyman also reported that the Phillies can void the opt-out by initiating a two-year extension that starts at $20 million per year, rises to $25 million based on games started in the first two years or up to $30 million based on Cy Young finishes.

Update (4:57 PM ET): Jim Salisbury of NBC Sports Philadelphia reports the multi-year deal (three years, per Bob Nightengale of USA TODAY Sports) is agreed to in principle and is pending a physical. The right-hander was 14-10 with a 3.53 ERA a year ago. Aaron Nola is the team's young ace but someone like Arrieta immediately makes this young squad better.

The Philadelphia Phillies made their boldest move yet. The team signed first baseman Carlos Santana to a three-year, $60 million contract in December. Yes and no. The name of Jake Arrieta alone will generate buzz and excitement in Philly, no doubt causing attendance to spike every-fifth-day.

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Former TCU pitcher and 2015 National League Cy Young Award victor Jake Arrieta has found a new home. It gives them long-term stability but also doesn't lock them into a bad deal as Arrieta heads into his late thirties. The then-31-year-old posted a 2.28 ERA with 61 strikeouts in 67 innings pitched after the All-Star break.

Jake Arrieta finally found a new home. The Phillies have long made it clear that length of deal is more of a concern with them than money. Now they've added a proven No. 1 starter to a slew of young arms in the rotation.

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