Rockies avoid arbitration with Jordan Lyles

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Jon Heyman of CBS Sports reports that the Rockies and pitcher Jordan Lyles have avoided arbitration, agreeing on a one-year deal worth $2.475 million. The Rockies also avoided arbitration with outfielder Drew Stubbs.

Lyles, 24, was entering his first year of arbitration eligibility. The right-hander finished the 2014 season with a 4.33 ERA and a 90/46 K/BB ratio in 126 2/3 innings for the Rockies. Taken in the first round of the 2008 draft by the Astros, Lyles went to the Rockies in December 2013 in the Dexter Fowler trade.

The Rockies also announced on Twitter that the club avoided arbitration with pitcher Tyler Chatwood. The amount of the deal is not yet known.