The Cincinnati Reds and right-hander Chase Burns have agreed to a seven-year, $105 million contract, a league source confirmed to The Athletic. MLB Network's Jon Morosi first reported the deal.

The contract contains no options or deferrals and stands as the largest ever given to a pitcher with less than four years of major-league service time, according to the source.

Burns, 23, earned All-Star honors this season in his second year in the majors. He is 11-1 with a 2.54 ERA across 18 starts in 2026 after making 13 appearances as a rookie last season.

The extension buys out several years of team control, as Burns was not previously scheduled to reach free agency until 2032. Cincinnati selected him second overall in the 2024 draft out of Wake Forest.

Burns previously set a signing bonus record after the draft, earning $9.25 million, which broke the mark set by Paul Skenes out of LSU with the Pittsburgh Pirates the year before.