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Indians, Cody Allen agree on 1-year contract

The Indians and closer Cody Allen have reached an agreement on a one-year deal for the 2018 season, avoiding arbitration.

Allen was entering his final season of arbitration eligibility. According to a report by the Associated Press, the one-year contract is valued at $10.575 million.

Allen has been one of the better closers in baseball over the last four seasons. In 2017, he recorded 30 saves — the third consecutive year in which he reached that plateau — and posted a 2.94 ERA to go with a 12.3 K/9 rate.

In six years in the Indians bullpen, he has a combined 2.