Financial terms were not disclosed, but CBS Sports' Jon Heyman reported that Harper will receiv $2.5 million in 2015 and $5 million in 2016.
Rosenthal reported earlier this month that the two sides were headed for a grievance hearing to settle whether Harper can opt out of his current deal and enter Major League Baseball’s arbitration system. Arbitration figures are expected to released next month. Harper will now be eligible for free agency after the 2018 season.
The 22-year-old, two-time All-Star was slated to make $1 million next season and earn an additional $500,000 in roster bonuses.
Harper, the 2012 National League Rookie of the Year award winner, completed his third season in Washington in 2014, hitting .273 with 13 home runs and 32 RBIs in 100 games.
- Scooby Axson