The New York Yankees are ready to go big in their pursuit of free-agent pitcher Gerrit Cole.
According to Bob Klapisch of the New York Times, the Yankees have made a seven-year, $245 million offer to Cole. That would break the record for the highest AAV on a pitcher’s contract, a mark that is currently held by Zack Greinke.
As impressive as the offer is, it’s not a done deal. The Los Angeles Angels and Los Angeles Dodgers are still involved, and could win Cole over with nine- or ten-year offers.
I'm told #Yankees have a seven-year, $245 million offer on the table for Gerrit Cole. Would be a record-setting contract for a pitcher, surpassing Greinke’s $34.4 million AAV. Question is whether #Dodgers or #Angels will go to 8-9 or even 10 years.
— Bob Klapisch (@BobKlap) December 8, 2019
It is no secret that the Yankees have made Cole their primary target of the offseason, and they look like they’ll do anything to beat the competition and land their man. Whether that means adding a couple of extra years if someone else does remains to be seen, but the Yankees want Cole and appear determined to get him at any cost.
To be clear, it’s easy to understand why — Cole posted a 2.50 ERA with 326 strikeouts in 212.1 innings in 2019.