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The Phillies have reportedly agreed to terms with right-hander Jake Arrieta on a multiyear contract. Bob Nightengale pegs the deal at $75 million over three years. 
Arrieta, who recently turned 32, has declined a bit since his Cy Young season of 2015, but he has still been an excellent starting pitcher. Over the past two seasons, Arrieta has made 61 starts and pitched to a 3.30 ERA (129 ERA+) while striking out roughly a batter per inning. As well, he hasn't been on the disabled list since early in the 2014 season. 
Last season, the Phillies ranked 10th in the 15-team NL in rotation ERA and 12th in rotation WAR. So Arrieta, as you would expect, will be substantial upgrade over the status quo. 
The Phillies earlier this offseason added Carlos Santana to the fold.
Arrieta's deal, assuming it gets finalized, keeps him in Philadelphia through at least the 2020 season. 

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