"Garrit Cole Remains NYY," First of all, the existing contract is valid until 2028... There is room for further negotiations on the extension of the 'considering aging' contract
"Garrit Cole Remains NYY," First of all, the existing contract is valid until 2028... There is room for further negotiations on the extension of the 'considering aging' contract
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Gerrit Cole, who tried to enter the FA market by exercising the opt-out, eventually decided to stay with the New York Yankees.
MLB.com reported on the 5th (Korea time), "New York ace Gerrit Cole has decided to stay while maintaining his existing contract. The remaining contract is $114 million for four years, but he will be with the Yankees until 2028."
On the same day, MLB Network reporter John Heyman said, "We agreed that Gerrit Cole and the Yankees will continue to be together," adding, "Cole and the Yankees will continue their current agreement to discuss extending their contracts in the future. The two sides wanted to accompany each other and decided to do so."
Cole declared an FA by terminating his existing contract on the 3rd. However, if the Yankees extend the existing contract for another year for $36 million, Cole's opt-out declaration will be invalid. Cole and the Yankees set these provisions in December 2019 when they signed a nine-year, $324 million FA contract.
With Cole, who finished five seasons this year, giving up his remaining four-year, $144 million contract and opting out, he canceled his FA plan and returned to the Yankees. It remains to be seen whether he will extend the contract to "five-year, $180 million (about 247.7 billion won)" by adding $36 million a year according to the existing provisions.
Cole started Game 5 of the World Series against the Los Angeles Dodgers on the 31st and gave up five runs at once in the 5th inning after allowing no hits until the 4th inning. Although center fielder Aaron Judge's absurd catcher error and shortstop Anthony Volpi's mistake in throwing to the third base came out, Cole's mistake of not entering the base cover even though he guided Mookie Betts to an ordinary ground ball to the first base with two outs and runners on the first and second bases was very fatal.
In the end, the Yankees lost 6-7, kneeling with a series record of 1-4, and giving up supremacy to the Dodgers.
During his five years with the Yankees, Cole pitched 759 innings in 125 games, marking 59-28, 3.12 ERA, and 1.025 WHIP. Last year, Cole pitched 209 innings in 33 games, winning 15-4 with a 2.63 ERA and 222 strikeouts, earning his first career Cy Young Award. He can't deny that he is an ace.
Due to elbow injury, he joined the rotation only in mid-June this season, but he played his part in 17 games with eight wins and five losses and an earned run average of 3.41. He also pitched well in five postseason games with one win and an earned run average of 2.17.
However, chances are high that the Yankees worried about Cole's age and pitching capabilities after the World Series ended. ESPN reported that Cole's fastball speed dropped by 1 mile compared to last year and 2 miles compared to 2022.
In addition, the FA market is full of starting pitchers that the Yankees can aim for, including Blake Snell, Max Fried and Jack Fleherty. In particular, the Yankees actively negotiated with Snell last winter, and Fleherty talked with the Detroit Tigers during the trade deadline last summer. 안전놀이터
The Yankees, who were agonizing over an extension contract with Cole, now have time to buy by agreeing to stay. Now, the Yankees are planning to start negotiations on renewing contract with Juan Soto, the biggest free agent in history.