Outfielder Teoscar Hernández and the Los Angeles Dodgers are agreeing on a three-year, $66 million deal, sources told ESPN on Friday, reuniting the World Series standout with the team he helped win a championship.

“I’m back,” Hernández wrote on his Instagram story.

Almost immediately after the World Series win, Hernández announced his desire to return to the Dodgers after a yearlong engagement that proved successful for both parties. Putting together a new contract that both sides agreed to took nearly two months, with the Dodgers signing outfielder Michael Conforto and engaging in trade discussions for outfielders while Hernández considered other offers.

Ultimately, the sides reached a deal that included a $15 million club option for the 2028 season with a $6.5 million buyout, $23.5 million in deferred compensation and a $23 million signing bonus.

Hernández, 32, signed with the Dodgers for one year and $23.5 million — $8.5 million of that deferred — after the free-agent market deemed him too low to sign long term. He took the risk, hitting .272/.339/.501 with 33 home runs and a career-high 99 RBIs. His double in the World Series-clinching Game 5 capped a nightmare inning for the New York Yankees, and Carlos Rodon’s walk-off home run in Game 2 gave Los Angeles a lead it would never bring back.

In addition to the expected injury returns to their pitchers, the Dodgers spent the winter adding more. First, two-time National League Cy Young winner Blake Snell for five years and $182 million. They brought in Blake Treinen, another Game 5 hero, for two years and $22 million. And Conforto hopes to follow Hernández’s example by joining the most successful franchise in the game on a one-year deal and flourishing like so many have.

Before arriving in Los Angeles, Hernández was one of the more consistent players in baseball after not being a full-time starter until his age-25 season. Among 125 players with at least 2,500 plate appearances since 2018, Hernández ranks 17th in home runs, 21st in RBIs and 40th in OPS+.

He adds another big bat to a lineup already filled with them and another body to an outfield lineup that includes Conforto, Andy Pages, Chris Taylor, James Outman and Tommy Edman, who can play center field and shortstop, where former outfielder and MVP Mookie Betts is expected to play every day next season.

Los Angeles continues to use a deferral system, in which a portion of a salary is paid out over multiple years. While the bulk of Los Angeles’s more than $1 billion in deferred compensation belongs to Shohei Ohtani — $680 million of his $700 million contract will be deferred over a decade, forcing Los Angeles to pay about $46 million a year into escrow to cover it — others with deferral periods in their deals include Betts, Snell, Edman, Freddie Freeman and Will Smith.

Players often use deferred compensation, as well as signing bonuses, to reduce their tax burden, especially in California, where a lawmaker introduced a bill to close what he called an “obscure tax loophole.” Hernández’s deferment is not delayed like Ohtani’s, starting after six years instead of a decade.