Kris Bryant and the Chicago Cubs have agreed to a $10.85 million, one-year deal, setting a record for a player eligible for arbitration for the first time, according to The Associated Press.
The previous record was held by Ryan Howard, who was awarded $10 million in arbitration in 2008, his first year of eligibility for arbitration.
Bryant, 26, made $1.05 million last year, when he hit .295 with 29 home runs and 73 RBIs. During the Cubs' World Series-winning season in 2016, he earned National League MVP honors.
He also earned Rookie of the Year in 2015, making him one of only three players, along with Buster Posey and Howard, to win both Rookie of the Year and MVP before becoming arbitration eligible.