Gerrit Cole Triggers Opt-Out In Deal With Yankees ...Middle East

Right-hander Gerrit Cole has triggered the opt-out in his deal with the Yankees, per Kiley McDaniel and Jeff Passan of ESPN on X. However, he is not yet a free agent, as the club has a chance to void the opt-out by tacking on an extra year at the same $36MM salary as the rest of the contract. Cole’s original deal with the Yanks was for $324MM over nine years with even salaries of $36MM in each season, starting in 2020. Per that deal, he could opt out after five years, walking away from the final four years and $144MM. The Yanks could then tack on another $36MM for 2029 and negate the opt-out. Now that Cole has triggered his opt-out, the Yankees now have to effectively decide if they want Col

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