Cubs, Jake Arrieta avoid arbitration with one-year, $15.637 million deal

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The Cubs reportedly agreed to a one-year, $15.3675 million deal with right-hander Jake Arrieta on Friday, per FanRag Sports’ Jon Heyman. Arrieta is entering his third and final year of arbitration eligibility, and Carrie Muskat of MLB.com points out that only the Nationals’ Max Scherzer received a higher raise for a third-year-eligible starter, at $8.8 million in 2014.

Arrieta, 30, followed a career-best performance in 2015 with an 18-8 record, 3.10 ERA and 3.8 fWAR over 197 1/3 innings in 2016. His strikeout rate dipped from a 9.3 SO/9 to 8.7, while his walk rate hit a 3.5 BB/9 clip, nearly double that of his previous season totals. Although he was unable to successfully defend his 2015 Cy Young title, Arrieta delivered his second career no-hitter against the Reds in April and pitched to a 3.63 ERA over 22 1/3 innings during the Cubs’ championship run.

If any extension talks have progressed this month, as Arrieta’s agent, Scott Boras, hinted they would back in December, nothing has been publicized just yet. The Cubs have yet to confirm the settlement.