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Report: Jake Arrieta, Phillies Agree to Contract After 5 Years with Cubs

Former National League Cy Young winner Jake Arrieta has reportedly agreed to a multiyear contract with the Philadelphia Phillies.

Jim Salisbury of NBC Sports Philadelphia reported details of Arrieta's deal with the Phillies. Bob Nightengale of USA Today reported it was a three-year agreement worth $75 million.

Jon Heyman of FanRag Sports earlier reported the two sides were close to an agreement.

There were rumblings prior to the start of the 2016 season about Arrieta seeking a deal up to seven years, though Nightengale noted when the Chicago Cubs met with the right-hander, they didn't want to exceed five years.