Gerrit Cole Opts Out of His Contract, but the Yankees Could Prevent Free Agency

NEW YORK — New York Yankees ace Gerrit Cole opted out of his nine-year, $324 million contract, a league source confirmed.

But there’s a twist to his potential free agency.

The Yankees can void Cole’s opt-out by adding a 10th year and an additional $36 million to his current deal, which would restore his status as the highest-paid pitcher in baseball by total dollars after Los Angeles Dodgers starter Yoshinobu Yamamoto signed a $325 million contract last offseason.

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It is widely anticipated that the Yankees will not allow Cole to test free agency, given his importance to the franchise alongside Aaron Judge. Owner Hal Steinbrenner frequently engages with both players to gain

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