The Detroit Tigers agreed to terms with pitcher Anibal Sanchez on a five-year contract Monday.
The Tigers won an apparent bidding war with the Chicago Cubs to retain the right-hander's services.
Reports last week indicated that Sanchez agreed to a deal worth $80 million.
Sanchez arrived in Detroit with second baseman Omar Infante in a July 23 trade with the Miami Marlins. He went 4-6 with a 3.74 earned run average in 12 regular-season starts for the Tigers, then compiled a 1.77 ERA while going 1-2 in three playoff outings.
"Anibal pitched tremendously for us down the stretch and during the postseason," Tigers president and general manager David Dombrowski said. "He strengthens our starting rotation and we are pleased to have him back with the Tigers organization."
For his career, the 28-year-old has posted a 48-51 record with a 3.75 ERA since reaching the majors with the Marlins in 2006.