OT: Gerrit Cole resigns with New York

[Southern Fried Chicken]

After opting out, Cole agrees to resigning his current contract. $144MM for the next 4 years. Don't quite understand but, it saved the Yankees at least $36 MM next year. LOL!!! Less than 45 minutes after the allowable Free Agent Negotiating Period. .... ??? But, it happened.

 

[DeeDave]

It's baseball contract crazy talk-

From CBS

It's an unexpected development in the sense that Cole's contract included a stipulation that if he opted out the Yankees could void that decision by adding one year at $36 million to his deal. That didn't happen here. Rather, it's as if Cole took back his opt-out without the Yankees giving in. Instead, according to ESPN, the two sides have elected to keep the four-year, $144 million contract.

Cole and the Yankees are expected to discuss an extension at a later time.

Gerrit Cole free agency: Yankees ace stays with team on original four-year, $144 million deal, per reports

The two sides will reportedly discuss an extension later

www.cbssports.com