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Will Gerrit Cole sign a new contract with the Yankees by 5pm ET on Nov 4, 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcement from the New York Yankees or major sports news outlets
Story
Yankees Face 5pm Deadline to Extend Gerrit Cole's Contract to $180 Million
Nov 4, 2024, 12:35 PM
Gerrit Cole has opted out of the remaining four years and $144 million of his contract with the New York Yankees, prompting the team to make a crucial decision by today's 5pm ET deadline. The Yankees can retain their ace pitcher by adding a fifth year at $36 million, extending his contract to five years and $180 million through 2029, when Cole will be 38. Cole missed time in 2024 due to arm issues, raising concerns about his long-term durability. The Yankees must weigh the risks and benefits of committing to an extended contract for their star pitcher or allowing him to enter free agency.
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Similar markets
Yes • 50%
No • 50%
Yankees extend contract with $36M year • 25%
Yankees do not extend, Cole opts out • 25%
Yankees negotiate a different extension • 25%
Other outcome • 25%
Extend contract with extra year • 33%
Do not extend contract • 33%
Seek trade options • 34%
Contract extension signed • 25%
No extension, remains with original contract • 25%
Traded to another team • 25%
Released or opts out • 25%