The Royals reached agreement Monday morning with right-handed pitcher Zack Greinke on a four-year contract that buys out his first two seasons of free-agent eligibility.
Under the contract, Greinke will receive a total of $38 million: $3.75 million in 2009, $7.25 million in 2010, and $13.5 million each year in 2011-12.
The deal comes after Greinke, 25, produced a breakout season in 2008 by going 13-10 with a 3.47 ERA in 32 starts. He achieved career highs in numerous categories, including victories, innings and strikeouts.
Greinke had sought $4.4 million through arbitration before agreeing to the multi-year contract. The Royals had offered $3.4 million. He made $1.4 million last season.
The deal was confirmed this afternoon in a downtown news conference.