Just a day before Konnor Griffin makes his highly anticipated debut for the Pirates, the top prospect in baseball is reportedly close to finalizing a record-breaking extension with the franchise.

The agreement is reportedly worth $140 million over nine years, representing a massive commitment from both sides. Not only does it shatter the previous franchise record set by Bryan Reynolds (eight years, $106.75 million), but it also establishes a new MLB benchmark for a player yet to see a single day of major league service time.

Here are the full details on the structure of Griffin’s contract.

Konnor Griffin contract details

According to ESPN’s Buster Olney, Griffin and Pittsburgh are working on finalizing a nine-year, $140 million extension that would make him the highest-paid player in team history. The deal would come with an average annual value of $15.5 million, solidifying Griffin as a franchise cornerstone.

It would also set a new standard for the entire league, shattering the record for the largest contract ever given to a player with zero days of MLB service time. That benchmark was recently set by Mariners prospect Colt Emerson (eight years, $95 million).

The timing of the agreement is as strategic as the investment itself.

By reaching the agreement now but finalizing the paperwork following his debut against the Orioles on Friday, the Pirates ensure Griffin remains eligible for Prospect Promotion Incentives (PPI). This maneuvering gives the team a chance to earn additional draft capital if Griffin wins the Rookie of the Year award or finishes as a top MVP candidate before arbitration.

Largest contracts in Pirates history

The largest contracts in Pirates history show a clear shift in the organization’s financial strategy. As of April 2026, the team has moved from a history of conservative spending to aggressively locking up young talent.

PlayerTotal ValueYearsYear SignedKonnor Griffin$140 million*92026Bryan Reynolds$106.75 million82023Mitch Keller$77 million52024Ke’Bryan Hayes$70 million82022Jason Kendall$60 million62000Andrew McCutchen$51.5 million62012

*Reported value

Konnor Griffin statsYearLevelTeamGABHHRRBISBAVGOPS2025Single ABradenton502077093626.338.9322025High AGreensboro511946373633.325.9422025Double AAltoona2183285226.337.9612026Triple AIndianapolis5167013.4381.196More Pirates