CHICAGO -- While the Cubs celebrate their World Series championship on Friday at their annual winter fan fest, the team reportedly reached contract agreements with three of their four arbitration-eligible players: Jake ArrietaHector Rondon and Justin GrimmPedro Strop is also eligible for arbitration.
According to MLB Network insider Jon Heyman, Arrieta, 30, avoided arbitration and signed a one-year deal for $15.6375 million.
 
Cubs avoid arbitration with Jake Arrieta, two others
 
The 2015 National League Cy Young Award winner, Arrieta is coming off another solid season in which he went 18-8 with a 3.10 ERA, including his second career no-hitter in April against the Reds. The right-hander, who made $10.7 million in 2016, will be a free agent after this season.
Arrieta's increase is the second highest for a third-year-eligible starting pitcher, behind Max Scherzer, who received an $8.8 million raise after his Cy Young-winning season three years ago.
According to the Chicago Sun-Times, Rondon settled at $5.8 million. The right-hander went 14-for-18 in save situations in the first half, posting a 1.72 ERA, but he lost his job as the closer once the Cubs acquired Aroldis Chapman in July. Rondon, 28, was sidelined with a strained right triceps from mid August to early September, finishing with a career-low 51 innings. He was paid $4.2 million last year.
Grimm, 28, settled for $1.825 million, according to Heyman. Grimm posted a 5.34 ERA before the All-Star break, then regrouped and finished with a 2.42 ERA in 28 second-half outings.
Strop, 31, tore the meniscus in his left knee in early August and returned on Sept. 23. He compiled a 2.85 ERA over 47 1/3 innings spanning 54 games. The right-hander will be a free agent after the 2017 season.
Carrie Muskat/MLB.com
 

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