Nathan Eovaldi is the latest New York Yankee to avoid arbitration with the Bronx Bombers, agreeing to a one-year deal for the 2016 season, the team announced on Tuesday.

Jon Heyman of MLB Network confirmed that Eovaldi settled for $5.6 million with the Yankees. Heyman reported this past Friday that Eovaldi submitted a salary of $6.3 million for 2016 while the Yankees countered with a more modest $4.9 million. Instead, both sides agreed to the midpoint ($5.6 million) of the original numbers. Eovaldi is under team control through 2017.

After being acquired as the centerpiece of a huge five-player trade with the Miami Marlins last offseason, Eovaldi settled nicely into the Yankees' rotation. While he endured some struggles early on, Eovaldi went 14-3 with a 4.20 ERA through 27 starts last season. Those 14 wins led all starters on the Yankees in 2015 and were a personal career-high for the Houston, Texas, native.

Eovaldi also added a splitter to his repertoire, a pitch that helped the 25-year-old post the best K/9 (7.1) of his career.

However, Eovaldi missed the last month of the season due to an elbow injury. Originally, the ailment was expected to sideline him for two weeks but the injury lingered, costing him a chance to finish 2015 in strong fashion. Per SB Nation's MLB Daily Dish, Eovaldi enjoyed a strong second half prior to the injury, as he went 5-1 with a 3.67 ERA and increased his second half K/9 rate from 6.5 to 8.0.

Heading into 2016, Eovaldi will be expected to build on his strong 2015 and provide an injury-riddled Yankees rotation with some stability. In addition to him, pitchers Masahiro Tanaka, Michael Pineda, CC Sabathia, and Ivan Nova all enter this season with question about their health.

In addition to Eovaldi, the Yankees have settled arbitration cases with infielder Dustin Ackley ($3.2 million), shortstop Didi Gregorius ($2.452 million), and Michael Pineda ($4.3 million). The Yankees still must agree to 2016 contracts with pitchers Ivan Nova and newcomer Aroldis Chapman.

Per Yahoo Sports' Jeff Passan, Nova submitted a $4.6 million salary for 2016 while the Yankees countered with $3.8 million. Finally, the recently acquired Chapman submitted a $13.1 million figure while the Yankees countered with $9 million, per Heyman.