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AP sources: Jake Arrieta, Phillies reach $75M, 3-yr contract

March 12, 2018 3:49 PM
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Free-agent ace Jake Arrieta and the Phillies have agreed to a $75 million, three-year contract, a deal that could be worth up to $135 million over five seasons, three people familiar with the decision told The Associated Press. They spoke on condition of anonymity because the deal was pending a successful physical.

Arrieta gets $30 million this year, $25 million in 2019 and $20 million in 2020. Arrieta has the right to terminate the deal after the 2019 season and become a free agent again, but the Phillies can void that right if they exercise club options for 2021 and 2022 at $20 million annually.

Also read: Daniel Descalso, Cubs agree to $5M, 2-year contract

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