Cubs signed RHP Pedro Strop to a one-year, $5.85 million contract extension with a $6.25 million club option for 2019.
The two sides avoided arbitration earlier this month with a one-year, $5.5 million contract, and they've now tacked on one and potentially two more years. Strop had been slated to hit free agency next winter. The 31-year-old has been excellent since arriving in Chicago at the 2013 trade deadline, posting a 2.68 ERA with 254 strikeouts across 211 1/3 relief innings. He'll again be a setup man for the Cubs in 2017.