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The 2014 American League Cy Young Award winner is staying put, as the Cleveland Indians agreed to a new contract with pitcher Corey Kluber.

Jon Heyman of CBSSports.com provided details:

Ken Rosenthal of Fox Sports confirmed Heyman's report, with Jordan Bastian of MLB.com later reporting that Kluber will receive $38 million in guaranteed money over the five-year agreement.

Rosenthal later provided the full breakdown of Kluber's deal:

The Indians confirmed the news on Sunday, via ESPN.com's Jerry Crasnick.

This deal should come as no surprise considering Kluber is fresh off a season where he turned in a 2.44 ERA, 1.09 WHIP and 269 strikeouts on the way to an 18-9 record.

There are certainly high hopes in Cleveland for the 2015 season, and Kluber as the ace in the front of the rotation is a major reason for that.

He is one of the best pitchers in baseball and will turn just 29 years old this season. The fact that he never pitched more than 148 innings in a single season before 2014 means he doesn't have a lot of wear and tear on his arm. That should set up well moving forward as Kluber just begins to enter his prime.

Ideally with this new contract, Cleveland can rely on its right-hander for years to come as the team's ace.

Jeff Sullivan of Fox Sports pointed out one reason why Kluber has been so effective on the mound:

Corey Kluber's been one of the best pitchers in baseball. According to MLB managers, he's got one of the best breaking balls in baseball. Statistically, it profiles as one of the best breaking balls in baseball, and it compares favorably to two of the other best breaking balls in baseball.

That curveball will continue to haunt American League hitters for the foreseeable future after this new deal.