Bryant, Russell Reportedly Fail to Reach New Deals With Cubs

Bryant, Russell Reportedly Fail to Reach New Deals With Cubs

Bryant, Russell Reportedly Fail to Reach New Deals With Cubs

Former Rookie of the Year and MVP Kris Bryant received a record settlement for a first-time arbitration-eligible player on Friday as he agreed to a one-year, $10.85 million deal with the Chicago Cubs, avoiding arbitration, according to a source familiar with the situation.

The previous mark was held by Ryan Howard, who was awarded $10 million by a three-person panel in 2008, the Philadelphia first baseman's first year of eligibility for arbitration.

Kris Bryant Need for Speed
Kris Bryant Need for Speed

The agreements were reached hours before teams and arbitration eligible players face a noon deadline to reach an agreement or exchange salary figures that could possibly lead to a hearing next month. The Cubs won the World Series that year for the first time since 1908.

Bryant hit.295 with 29 homers last season for Chicago. The shortstop likely won't see a huge pay bump with his new deal thanks to Javier Baez's strong 2017 season, but he is still projected to make around $2.3 million next season by MLB Trade Rumors. Starting pitcher Kyle Hendricks gets $4.175 million.

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Hendricks agreed to a one-year, $4.125 million contract, while Wilson will receive a $4.25 million deal.

The team also also avoided arbitration with reliever Justin Wilson who they acquired from the Detroit Tigers back in July of 2017.

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