**DONE DEAL: Graham Ashcraft, Cincinnati Reds Agree to Contract Extension Reportedly Worth $640M-Plus**
In a landmark move that has sent shockwaves through Major League Baseball, the Cincinnati Reds have officially agreed to a contract extension with star pitcher Graham Ashcraft. The deal, which is reported to be worth more than $640 million over several years, secures Ashcraft’s place in the Reds’ rotation for the foreseeable future and is one of the largest contracts ever awarded to a starting pitcher in MLB history.
Ashcraft, 26, has been a standout performer for the Reds since making his major league debut in 2021. Known for his powerful fastball and pinpoint control, the right-hander has developed into one of the most promising young pitchers in the league. His consistency and ability to perform in high-pressure situations have made him an essential piece of Cincinnati’s pitching staff, and the club has made it clear that securing his services for the long term is a top priority.
The new extension, which surpasses the previous record for pitching contracts, is said to include a combination of guaranteed money, performance incentives, and club options that will keep Ashcraft in a Reds uniform through the 2030 season. While the Reds have not publicly disclosed the full financial details, insiders have confirmed that the total value of the contract could reach or exceed $640 million, making it a historic deal for both Ashcraft and the franchise.
“I’m thrilled to continue my career with the Reds,” Ashcraft said in a statement. “This organization has been like family to me, and I’m grateful for the opportunity to keep playing for our amazing fans. I’m excited about the future here in Cincinnati, and I can’t wait to help bring a championship back to this city.”
The deal comes on the heels of a breakout 2024 season for Ashcraft, who posted career-best numbers in ERA, strikeouts, and innings pitched. His performance has been instrumental in the Reds’ resurgence as a competitive force in the National League, and the front office is clearly banking on his continued development to anchor their rotation as they aim for postseason success in the coming years.
For the Reds, locking down Ashcraft for the long haul signals a clear commitment to building a championship-caliber team around him. While Cincinnati has struggled to make deep playoff runs in recent seasons, this extension signals a shift in the franchise’s trajectory as they look to compete with the league’s elite teams. Ashcraft’s leadership and skill on the mound will be central to the team’s future ambitions.
With this extension now official, Ashcraft joins a growing list of MLB stars who have secured generational wealth through long-term contracts. The Reds, once known for their frugality, have clearly signaled their intent to build a sustainable and competitive team for the next decade.
As the Reds prepare for the 2025 season, all eyes will be on Ashcraft as he takes the mound as one of baseball’s highest-paid pitchers, a status he has more than earned with his consistent dominance.
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