Loading...
Market
Duration of Gerrit Cole's next contract?
2
Resolution / Starting Odds
1-2 years • 25%
3-4 years • 25%
5-6 years • 25%
More than 6 years • 25%
Official MLB salary records or credible sports news outlets like ESPN or MLB.com
Story
Gerrit Cole Opts Out of Yankees Contract Worth $180 Million
Nov 2, 2024, 04:23 PM
Gerrit Cole has opted out of his contract with the New York Yankees, sources confirm. Cole had four years and $144 million remaining on his deal. The Yankees can void the opt-out by adding one year and $36 million to the existing contract. This would make the total contract worth $180 million over five years. The decision now rests with the Yankees on whether to extend Cole's contract or let him become a free agent. Jeff Passan and Kiley McDaniel were among the first to report this development.
View original story
Similar markets
Contract over $200M • 25%
Contract between $150M and $200M • 25%
Contract under $150M • 25%
No new contract signed • 25%
Less than $144 million • 25%
$144 million to $180 million • 25%
More than $180 million • 25%
N/A - does not sign with a new team • 25%
Contract extension signed • 25%
No extension, remains with original contract • 25%
Traded to another team • 25%
Released or opts out • 25%
Yankees extend contract with $36M year • 25%
Yankees do not extend, Cole opts out • 25%
Yankees negotiate a different extension • 25%
Other outcome • 25%
$360 million • 25%
Less than $360 million • 25%
More than $360 million • 25%
No extension • 25%
Signs extended contract with Yankees • 25%
Enters free agency • 25%
Signs a short-term deal with Yankees • 25%
Other outcome • 25%
Yes • 50%
No • 50%
