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Aroldis Chapman, Yankees reach deal for $86M, 5 years, per AP source

OXON HILL, Md. — A person familiar with the deal tells The Associated Press that free agent closer Aroldis Chapman and the New York Yankees have reached agreement on an $86 million, five-year deal.

The person spoke on condition of anonymity Wednesday night because the contract was still pending a physical.

Chapman was acquired by New York from the Cincinnati Reds last offseason, then was traded to the Chicago Cubs in late July. The hard-throwing lefty helped the Cubs win the World Series and became a free agent when it was over.

Fox Sports first reported the agreement.