DENVER -- The Rockies avoided arbitration with star third baseman Nolan Arenado by agreeing to a two-year, $29.5 million contract with him on Friday, according to a Major League source.
MLB Network and ESPN first reported the news.
The club hasn't confirmed the deal, which would cover two of his remaining three years of artbitration.
Nolan Arenado agrees to a two-year, $29.5M deal with Rockies
Arenado, who turns 25 on April 16 and is one of the game's top young stars, has tied for the National League home run crown each of the last two years -- 42 in 2015 to tie the Nationals' Bryce Harper and 41 last year to match Chris Carter -- and won a Rawlings Gold Glove Award in each of his first four Major League seasons.
Last year, his first year of arbitration eligibility after two-plus years of Major League service, Arenado signed for $5 million. This year's agreement surfaced just after Friday's deadline for arbitration-eligible players and teams to file their numbers for the 2017 season.
Arenado willl make $11.75 million in 2017 and $17.75 million in 2018.
The Rockies reached one-year deals earlier this offseason to avoid arbitration with relievers Jake McGee ($5.9 million) and Jordan Lyles($3.18 million). Also scheduled to exchange numbers with the Rockies on Friday were center fielder Charlie Blackmon and right-handed starter Tyler Chatwood.
Thomas Harding/

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