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VisitWhich team will Gerrit Cole play for in the 2025 MLB season?
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Yankees' Ace Gerrit Cole Opts Out; Team Has Until Monday to Add $36M Year to Retain Him
Nov 2, 2024, 04:48 PM
Gerrit Cole, the 34-year-old ace pitcher for the New York Yankees, has exercised an Early Termination Option to opt out of his nine-year, $324 million contract, which had four years and $144 million remaining. The Yankees can prevent him from becoming a free agent by adding an additional year at $36 million to his contract, bringing the total to five years and $180 million. The team has until Monday at 5 p.m. ET to make this decision, and some reports indicate the Yankees are expected to extend the contract to retain Cole.
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