All-Star pitcher Cole Ragans has a new contract with the Kansas City Royals following a breakout season that garnered Cy Young consideration. The Royals announced the deal on Friday. It will run through the 2027 season. Per multiple reports, the contract is valued at $13.5 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.

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.