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Report: Jake Arrieta, Cubs Close to Reuniting on 1-Year Deal

Jake Arrieta, the 2015 Cy Young Award winner and key member of the 2016 Cubs rotation, is nearing a deal to return to Chicago this season, according to MLB Network's Jon Heyman and other reports.

The Cubs and Arrieta are closing in on a one-year deal, according to The Athletic's Ken Rosenthal, which is expected to be valued between $6.5 and $7 million, per ESPN's Jesse Rogers. Arrieta had higher offers from other franchises, but turned them down in favor of a reunion with the Cubs, reported Heyman.