Bob Nightengale of USA Today says the deal is for three seasons worth $75 million.
Arrieta has been one of the top players on a chaotic Major League Baseball free agent market all offseason. When news broke of the Chicago Cubs' agreement with Yu Darvish, it was believed to be the beginning of a domino effect. General manager Matt Klentak was reportedly firm on his desire to sign a starting pitcher to a short-term deal to keep the franchise's money free-flowing for next offseason and to not block any prospects coming through the farm. A three-year term is far shorter than many expected before the offseason, although it may be considered a win for his camp to land a $25 million annual salary.
"I want what's best for Jake and his family, period", Maddon said when asked if he hopes Arrieta doesn't wind up with a division rival such as the Brewers or Cardinals. It's not yet clear if the club has come around to the idea of a four- or five-year contract or if Arrieta has lowered his asking price in hopes of securing a deal before Opening Day. "Wow I want nothing but good things to happen to Jake". If their young starters can take step forward this season, the Phillies could make waves in the wild card standings.
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Arrieta won the 2015 NL Cy Young Award with the Chicago Cubs and helped them win the World Series the next season.
Arrieta made 61 starts and pitched to a 3.30 ERA (129 ERA+) while striking out roughly a batter per inning, according to CBS Sports.