Arenado avoids arbitration, reportedly settles for record $26M
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The Colorado Rockies and All-Star third baseman Nolan Arenado are avoiding arbitration and agreeing to a one-year contract, the team announced on Thursday.

Arenado will reportedly earn $26 million in 2019, a source told Ken Rosenthal of The Athletic. That figure is a new record salary for an arbitration-eligible player, breaking Josh Donaldson's previous mark of $23 million from 2018. He'll be paid the seventh-highest individual salary in baseball during the 2019 season, per Spotrac.

Arenado had filed for arbitration at $30 million, while the Rockies countered at $24 million.

The sides reportedly reached the historic agreement following lengthy negotiations involving Rockies owner Dick Montfort.

The 27-year-old, who finished third in NL MVP voting in 2018, is scheduled to become a free agent next offseason.

Arenado avoids arbitration, reportedly settles for record $26M
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