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BaseballChase BurnsCincinnati Reds

Reds sign star pitcher to $105 million contract extension

July 16, 2026 by Grey Papke • Comments
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A Cincinnati Reds hat
The Reds wear special hats for the 4th of July Weekend during the MLB National League game between the Cincinnati Reds and the Chicago Cubs at Great American Ball Park, July 2, 2021. Photo Credit: Sam Greene/The Enquirer via Imagn Content Services, LLC

The Cincinnati Reds are locking down a breakout star with a new $100 million contract.

The Reds are signing pitcher Chase Burns to a 7-year, $105 million deal. The agreement ties Burns to the club through 2033.

Right-hander Chase Burns and the Cincinnati Reds are in agreement on a seven-year, $105 million contract, sources tell ESPN. Burns, 23, was an All-Star this season and one of the best young pitchers in baseball. No club options. A straight deal that will run through 2033.

— Jeff Passan (@JeffPassan) July 16, 2026

The Reds reward a talented young pitcher with one of the largest contracts they have given out in franchise history. It also represents a significant leap of faith, as Burns only has 31 career starts to his name. That is enough, however, for the Reds to commit to the 23-year-old.

Burns has had a breakout season for Cincinnati in 2026. Through 18 starts, the former No. 2 overall pick has posted a 2.54 ERA with 118 strikeouts in 102.2 innings of work. He has an 11-1 record on a team that is 43-52 overall, which is no small feat.

Overall, Cincinnati’s pitching has left a lot to be desired this season. Burns has stood out because he has not fallen into that trap, and he has quickly become a $100 million pitcher for that reason.

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