Chicago Cubs ace pitcher Jake Arrieta agreed to a deal with the team on Feb. 5.

According to the Associated Press, the deal is for one year and $10.7 million. The Cubs avoid arbitration with the deal. Arrieta had asked for $13 million and the Cubs offered him $7.5 million in January. He gets a $7.07 million raise with the deal, topping David Price’s salary with the Tampa Bay Rays in 2013. The deal is the richest one-year deal for a pitcher with four years of service in the major leagues.

Arrieta was acquired by the Cubs in a trade with the Baltimore Orioles in July 2013. He had a breakout season last year, going 22-6 with a 1.77 ERA and passing most of his previous career highs, according to ESPN. Last year he also won the NL CY Young award. Arrieta is 56-38 with a 3.70 ERA in his major league career.

The Cubs were 97-65 last year and made it to the National League Championship series but lost to the New York Mets.