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VisitWhat will the Yankees decide regarding Gerrit Cole's contract by November 4, 2024?
Extend contract with extra year • 33%
Do not extend contract • 33%
Seek trade options • 34%
Official announcement from the New York Yankees or major sports news outlets
Yankees Must Decide by Monday to Extend Gerrit Cole to 10-Year, $360M Deal
Nov 2, 2024, 05:09 PM
New York Yankees ace Gerrit Cole, 34, has exercised an opt-out clause in his contract, potentially making him a free agent. Cole had four years and $144 million remaining on his nine-year, $324 million deal. The Yankees can void his opt-out by adding one additional year at $36 million, bringing the total to five years and $180 million. If they do so, Cole's contract would extend to a 10-year, $360 million agreement, making it the richest contract for a pitcher in baseball history. The Yankees have until Monday at 5 p.m. ET, the end of the quiet period, to make their decision. According to a club source, the Yankees are expected to extend Cole's contract by adding the extra year, keeping him off the free-agent market.
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Yankees extend contract with $36M year • 25%
Yankees do not extend, Cole opts out • 25%
Yankees negotiate a different extension • 25%
Other outcome • 25%
Signs extended contract with Yankees • 25%
Enters free agency • 25%
Signs a short-term deal with Yankees • 25%
Other outcome • 25%
Contract extension signed • 25%
No extension, remains with original contract • 25%
Traded to another team • 25%
Released or opts out • 25%
Yes • 50%
No • 50%
$360 million • 25%
No extension • 25%
More than $360 million • 25%
Less than $360 million • 25%