SUPRISE, Ariz. (AP) — 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 $7.5 million in 2027. His 2027 salary would escalate to $8 million if he wins a Cy Young Award in either 2025 or 2026.
Ragans, 27, remains eligible for salary arbitration after the 2027 season and can become a free agent after the 2028 World Series.
“He earned this contract through his hard work, perseverance and professionalism,” Royals general manager J.J. Picollo said in a statement. “He’s been an outstanding performer for us at a young age and his success is motivating to us moving forward.”
Ragans was 11-9 with a 3.14 ERA in 32 starts last year with 223 strikeouts and 67 walks in 186 1/3 innings. He led AL qualified pitchers with an average of 10.77 strikeouts per nine innings and finished fourth in Cy Young voting.