Kris Bryant's $10.85M payday an Major League Baseball record

Sep 20 2017 St. Petersburg FL USA Chicago Cubs relief pitcher Justin Wilson at Tropicana Field. Mandatory Credit Kim Klement-USA TODAY Sports

The Chicago Cubs and third baseman Kris Bryant avoided arbitration by settling on a $10.85 million deal, a first-year arbitration record, a source close to the situation has informed FanRag Sports.

Bryant's contract edges out the previous record holder - Phillies legend Ryan Howard - by $850,000. However, the two sides finally came to an agreement and avoided arbitration.

Players with "Super Two" eligibility are in the top 22 percent of service time for players with between two and three years in the league, earning the player the opportunity to play four seasons under arbitration. The 27-year-old is eligible for free agency after the 2019 season. He ranked third in WAR in 2016 and 16th last season.

Bryant, a native of Las Vegas who played his collegiate ball at San Diego, wound up going No. 2 overall to the Cubs in 2013. He batted.295 with 29 home runs and 73 RBIs last season. He's hit at least.275 in all of his three seasons, surpassing the 25 home run mark in each of the three seasons. Despite last year's disappointing postseason, the Cubs enter 2018 among World Series favorites. He's likely to be one of baseball's hottest commodities within coming years, the Cubs are doing everything they can to keep him in Chicago.

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No Cub has ever gone to arbitration with Theo Epstein in charge and it doesn't look like that will change this year.

The Chicago Cubs agreed to terms Friday with pitchers Kyle Hendricks and Justin Wilson.

That left only right-hander Justin Grimm, who was expected to reach an agreement Friday, among the Cubs' arb guys.