The Royals acquired Ragans from the Texas Rangers in 2023. KC traded away former All-Star reliever Aroldis Chapman in the deal. At the time, the Royals were intrigued with Ragans and his potential to be a front-line starter.

Ragans gets a $250,000 signing bonus and salaries of $1 million this year, $4.5 million in 2026 and $7.5 million in 2027.

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

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.

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The Royals signed ace Cole Ragans to a three-year deal to buy out two arbitration seasons. Read more at MLB Trade Rumors.

Coming off his first All-Star campaign, Kansas City left-hander Cole Ragans agreed to a three-year extension with the Royals, the team announced Friday.