BREAKING: Pirates, Bryan Reynolds Agree on Eight-Year Extension

The Pittsburgh Pirates and Bryan Reynolds have agreed to an eight-year, $106.75M extension that will keep the 2021 All-Star in Pittsburgh through at least 2030 and includes a team option for 2031. A source confirmed the deal to Pittsburgh Baseball Now. 

The deal is pending a physical and includes modified no-trade protection and does not include any opt outs. Reynolds, 28, and the Pirates had been negotiating an extension since the offseason.

The breakdown is as follows:

Signing bonus: $2 million

2023: $6.75 million

2024: $10 million

2025: $12 million

2026: $14 million

2027: $15 million

2028: $15 million

2029: $15 million

2030: $15 million

2031: $20 club option with $2 million buyout

When those talks hit an impasse, Reynolds requested to be traded from the organization. General manager Ben Cherington  was adamant about Reynolds helping the Pirates since the initial request and both sides found enough common ground to ensure that wouldn’t happen.

The extension is the largest commitment in franchise history and it marks the first time the Pirates have handed out at least $100M.

Reynolds was initially acquired by the Pirates from the San Francisco Giants in a trade for Andrew McCutchen prior to the start of the 2018 season.

Reynolds is now in his fifth season at the big league level with the Pirates. For his career, Reynolds owns a .282/.359/.484 slash with 102 doubles, 79 home runs and 257 RBIs in 515 games in the black and gold. In addition to his All-Star nomination in 2021, Reynolds finished 11th in the N.L. MVP race that year.

This season, Reynolds is hitting .294 with an .872 OPS, five home runs and 18 RBIs.

Reynolds’ eight-year deal comes a little over a year after the Pirates extended Ke’Bryan Hayes, a deal which was also for eight years and included a team option.

By extending both players, the Pirates have shown a financial commitment that has hardly been seen throughout the franchise’s history.

Reynolds is represented by CAA Sports.