Jim Salisbury broke the news on Twitter Sunday afternoon.
Phillies have agreement in principle with Jake Arrieta. Deal pending physical. It will be multi year deal.
— Jim Salisbury (@JSalisburyNBCS) March 11, 2018
The two parties have been in talks for what seems like an eternity, seeing that there is finally an agreement in place is a huge relief for the fan base. It seems like the front office finally bought into Gabe Kapler’s “Be Bold” mantra.
The terms of the deal are not in place yet. Stay tuned to PhillyInfluencer.com for more updates as they are made available.
UPDATE:
Bob Nightengale has reported that the contract is worth 75 million over three years.
Jake Arrieta gets $75 million over 3 years
— Bob Nightengale (@BNightengale) March 11, 2018
UPDATE TWO:
Jon Heyman tweeted more details of Arrieta’s contract.
Arrieta salaries are 30M, 25M and 20M. Can opt out after two. Deal could go to 5 years and be worth 125M to 135M. #phillies
— Jon Heyman (@JonHeyman) March 11, 2018
phillies can void the arrieta opt out by triggering a 2-year extension that starts at 20M per year, rises to 25M based on games started in first 2 years, or up to 30M based on cy young finishes. 135M possible. #phillies
— Jon Heyman (@JonHeyman) March 11, 2018
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