The Royals are giving one of their best young players a big raise, announcing a new three-year contract with starter Cole Ragans on Friday evening. The deal is worth $13.25 million, sources told MLB.com.

All-Star pitcher Cole Ragans and the Kansas City Royals have reached agreement on a three-year contract extension, per multiple reports Friday evening. ESPN’s Jeff Passan was first to report, per sources, that the left-handed ace Ragans, 27, and the Royals had come to the agreement.

All-Star left-hander Cole Ragans and the Kansas City Royals agreed Friday to a $13.25 million, three-year contract. Ragans gets a $250,000 signing bonus and salaries of $1 million this year, $4.5 million in 2026 and $7.