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.

Cole Ragans and the Kansas City Royals agreed to a contract extension on Friday following the pitcher's stellar 2024 season.

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.