The Royals reached a multi-year contract extension with Lugo on Sunday night, according to ESPN's Jeff Passan. Further specifics on his new deal are not yet known. Though Lugo was widely considered one of the top trade candidates ahead of the deadline this summer, he'll now be in Kansas City for years to come.

There was plenty of speculation that the Kansas City Royals would trade Seth Lugo before the deadline, but the star ace isn't going anywhere this season.

Seth Lugo, who had been regarded as one of the best potential trade candidates this deadline season, will remain with the Royals on a multiyear extension, sources told ESPN.