SUPRISE, Ariz. — All-Star left-hander Cole Ragans and the Kansas Metropolis Royals agreed Friday to a $13.25 million, three-year contract.
Ragans will get a $250,000 signing bonus and salaries of $1 million this yr, $4.5 million in 2026 and $7.5 million in 2027. His 2027 wage would escalate to $8 million if he wins a Cy Younger Award in both 2025 or 2026.
Ragans, 27, stays eligible for wage arbitration after the 2027 season and may develop into a free agent after the 2028 World Collection.
“He earned this contract by his laborious work, perseverance and professionalism,” Royals basic supervisor J.J. Picollo stated in an announcement. “He’s been an impressive performer for us at a younger age and his success is motivating to us transferring ahead.”
Ragans was 11-9 with a 3.14 ERA in 32 begins final yr with 223 strikeouts and 67 walks in 186 1/3 innings. He led AL certified pitchers with a mean of 10.77 strikeouts per 9 innings and completed fourth in Cy Younger voting.
He’s 18-17 with a 3.46 ERA is 53 begins and 17 reduction appearances over 4 seasons, together with 16-11 with a 3.00 ERA in 44 begins since Kansas Metropolis acquired him from Texas on June 30, 2023, for reliever Aroldis Chapman, who helped the Rangers win their first World Collection title that fall.