Gerrit Cole is set to stay with New York Yankees, despite opting out of his $144million deal over the weekend.
The Yankees had the option to extend the right hander’s deal, which had four years left, by another season at a cost of $36million.
But according to multiple reports on Monday night, the Yankees are going to keep their star pitcher in pinstripes on the current deal he has and discuss an extension another time. So in theory, it is as if Cole never opted out of his deal at all.
It comes after the Yankees collapsed to lose the World Series to the Los Angeles Dodgers at Yankee Stadium last week with Cole partly at fault for an embarrassing error in the bottom of the fifth inning.
Gerrit Cole is set to stay with New York Yankees , despite opting out of his $144million deal
With bases loaded but with two outs, Cole failed to cover first base when Mookie Betts drilled the ball low to Anthony Rizzo.
Had Cole done so, it would have been an easy out and ended an inning that eventually saw the Dodgers tie the game at 5-5.
From there, they went on to win 7-6 and claim their eighth World Series title in the history of the organization.
The 34-year-old Cole has been at the Yankees since 2020. He missed the start of the last season with an elbow issue that at one stage the Yankees feared would require surgery.