The Colorado Rockies and third baseman Nolan Arenado did not reach a settlement on a one-year deal for the 2019 season on Friday, but league sources told ESPN there is a strong sense that the two sides will reach an agreement before an arbitration hearing.

Arenado, a four-time All-Star selection who is seen as the gem of the 2019-20 free-agent class, requested $30 million. The Rockies, meanwhile, offered $24 million. Sources told ESPN that it's likely that they will settle in the $27 million range.

Wherever he does settle, it'll be a single-season arbitration record, breaking the mark of $23 million set by Josh Donaldson with the Toronto Blue Jays last year.

Arenado, a slick-fielding, slugging 27-year-old, is coming off a season in which he hit .297 an led the National League with 38 home runs and was second with 110 RBIs and a .935 OPS.

Meanwhile, his teammate with the Rockies, shortstop Trevor Story, was one of the many players to reach a post-deadline settlement. After originally appearing like he was headed to an arbitration hearing, Story, who made $555,000 last season, settled on a $5 million salary for 2019.