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1. 

   Gerrit Cole

   American professional baseball player

   W	L	ERA	K	BB
   Current Season0	1	9.00	5	5
   Season 202315	4	2.63	222	48

   See full stats at

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2. People also ask

   Why does Gerrit Cole play for the Yankees?

   • Yes, Gerrit Cole plays for the Yankees because New York in December made him the highest-paid pitcher in the history of baseball with a nine-year contract worth $324 million. He will earn $36 million each year for almost a decade. Money aside, though, Cole plays for the Yankees because the deal in free agency made for the perfect player-team match.

   Gerrit Cole contract details: How the Yankees landed the ace pitcher in

   www.sportingnews.com/us/mlb/news/gerrit-cole-contract-yankees/r2hjd3mtq11h1089g4if7ly6p

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   Who is Gerrit Cole?

   • The New York Yankees have agreed to terms on a record-breaking nine-year deal with right-hander Gerrit Cole worth $324 million, CBS Sports HQ's Jim Bowden confirmed Tuesday night. Cole had previously been linked to the Yankees, the Los Angeles Angels and the Los Angeles Dodgers.

   Gerrit Cole signs with Yankees for record-breaking $324 million deal

   www.cbssports.com/mlb/news/gerrit-cole-signs-with-yankees-for-record-breaking-324-million-deal/

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   Will the Yankees lose Gerrit Cole?

   • For two consecutive winters, the New York Yankees have failed to add a second ace behind 2023 Cy Young Award winner Gerrit Cole. Now they could lose Cole himself after just one more season. 2024 will be the fifth year of Cole’s record-breaking nine-year, $324 million contract that pays him $36 million annually.

   Explaining The Opt-Out Clause In Gerrit Cole’s Yankees Contract - Forbes

   www.forbes.com/sites/danepstein/2023/12/23/explaining-the-opt-out-clause-in-gerrit-coles-yankees-contract/

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   Will Gerrit Cole opt out after 2023?

   • Gerrit Cole won the Cy Young Award for the New York Yankees in 2023, but he could opt out after next season. If he does, the team has a mechanism to keep him anyway.

   Explaining The Opt-Out Clause In Gerrit Cole’s Yankees Contract - Forbes

   www.forbes.com/sites/danepstein/2023/12/23/explaining-the-opt-out-clause-in-gerrit-coles-yankees-contract/

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   How much does Cole make a year on a short-term contract?

   • The going rate for elite starters on short-term contracts, even aging ones, is north of $40 million a year. Cole could decline to use his opt out and thus pass on the Yankees' $36 million in 2029, and instead seek a Scherzer/Verlander contract after his original nine-year contract is up.

   How Yankees ace Gerrit Cole can reclaim MLB's pitcher contract record

   www.cbssports.com/mlb/news/how-yankees-ace-gerrit-cole-can-reclaim-mlbs-pitcher-contract-record-thanks-to-opt-out-clause-in-2024/

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   How much does Cole make a year?

   • The market has changed since Cole signed his deal -- Scherzer and Verlander signed their $40-plus-million a year contracts a few years later -- though $36 million is still a hefty salary. Barring a catastrophic injury in 2024, the smart money is on Cole using the opt out and the Yankees picking up the club option.

   How Yankees ace Gerrit Cole can reclaim MLB's pitcher contract record

   www.cbssports.com/mlb/news/how-yankees-ace-gerrit-cole-can-reclaim-mlbs-pitcher-contract-record-thanks-to-opt-out-clause-in-2024/

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3. www.spotrac.com › mlb › playerGerrit Cole | MLB | Spotrac.com

   www.spotrac.com › mlb › player

   • Cached

   Gerrit Cole signed a 9 year , $324,000,000 contract with the New York Yankees, including $324,000,000 guaranteed, and an average annual salary of $36,000,000. In 2024, Cole will earn a base salary of $36,000,000, while carrying a total salary of $36,000,000.

4. www.sportingnews.com › us › mlbGerrit Cole contract details: How the Yankees landed the ace ...

   www.sportingnews.com › us › mlb

   • Cached

   Jul 23, 2020 · Gerrit Cole contract with Yankees. Cole was easily the No. 1 player in MLB free agency, and about a day after the Nationals re-signed pitcher Stephen Strasburg to a record contract worth $35...

5. www.forbes.com › sites › danepsteinExplaining The Opt-Out Clause In Gerrit Cole’s Yankees Contract

   www.forbes.com › sites › danepstein

   • Cached

   Dec 23, 2023 · After the 2007 season, he opted out of the final three years of his ten-year, $252 million contract. The team gave him a new ten-year, $275 million deal to remain in New York, but his...

6. Videos

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     12:50

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     GERRIT COLE SIGNS $300M+ DEAL WITH NEW YORK YANKEES | MLB Hot Stove

     Dec 11, 2019

     117K Views

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     3:18

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     Gerrit Cole's $324M deal makes the Yankees World Series favorites - Mark Teixeira | Get Up

     Dec 11, 2019

     51.5K Views

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     2:29

     youtube.com

     Scott Boras talks Juan Soto's future, Gerrit Cole's Yankees contract

     Dec 6, 2023

     4.1K Views

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7. www.sportskeeda.com › baseball › gerrit-cole-contractGerrit Cole’s Contract Breakdown: Gerrit Cole’s Contract ...

   www.sportskeeda.com › baseball › gerrit-cole-contract

   • Cached

   Sep 8, 1990 · Gerrit Cole signed a contract with the New York Yankees in 2020 that was worth $324 million. The deal has a duration of 9 years and an average annual value of $36 million.

8. www.cbssports.com › mlb › newsGerrit Cole signs with Yankees for record-breaking $324 ...

   www.cbssports.com › mlb › news

   • Cached

   Dec 11, 2019 · The New York Yankees have agreed to terms on a record-breaking nine-year deal with right-hander Gerrit Cole worth $324 million, CBS Sports HQ's Jim Bowden confirmed Tuesday night. Cole had...

9. www.cbssports.com › mlb › newsHow Yankees ace Gerrit Cole can reclaim MLB's pitcher ...

   www.cbssports.com › mlb › news

   • Cached

   Feb 20, 2024 · Essentially, Cole can force the Yankees to add an extra year to his contract, making it a 10-year deal worth $360 million, thus reclaiming the record from Yamamoto.

10. www.mlbtraderumors.com › 2023 › 12Scott Boras Discusses Gerrit Cole’s 2024 Opt-Out Clause

    www.mlbtraderumors.com › 2023 › 12

    • Cached

    Dec 10, 2023 · As Cole enters year five of his nine-year, $324MM contract with the Yankees, speculation has begun to arise regarding the opt-out he holds on the final four years of this contract in New...