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,

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, according to a source.

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