Yankees ace changed his mind...Gerrit Call Opt-Out Withdraws, Will Discuss Extended Contracts Instead
Yankees ace changed his mind...Gerrit Call Opt-Out Withdraws, Will Discuss Extended Contracts Instead
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New York Yankees ace Gerrit Cole withdrew his opt-out rights. He decided to stay with the Yankees for now without further extension.
According to reports by the New York Post's John Heyman and ESPN's Jeff Bankruptcy on Tuesday through X (formerly Twitter), Gerrit Cole withdrew his opt-out right, which he had agreed to exercise a few days ago. For now, his contract with the Yankees will continue.
Cole signed a nine-year, $324 million contract when he signed with the Yankees in 2020. It was a massive contract worth 36 million dollars per year. At that time, he included a clause in his contract allowing him to exercise his right to opt out at the end of the 2024 season. He said he would exercise his right to opt out at the end of the World Series.
Instead, Cole's opt-out also had the authority of the Yankees. If the Yankees choose to add 36 million dollars to their annual salary in 2029 or a one-year contract coalition, Cole's opt-out could be nullified. In this case, the Yankees' guarantee amount will increase to 360 million dollars.
The deadline for whether the Yankees would exercise their club powers was 5 a.m. Korean time, but before that, Cole withdrew the opt-out. Cole decided to remain with the Yankees for now.
Although the contract with the Yankees has not increased, Cole has decided to remain with the Yankees, but instead of discussing the extension contract between the two will continue. According to bankruptcy, the remaining contract period guarantee does not increase to five years and $180 million, and remains at four years and $144 million, but the Yankees and Cole have decided to continue discussing the extension contract.
Cole has been an ace pitcher since signing his contract with the Yankees. In the 2023 season, he won the American League Cy Young Award with a 2.63 ERA over 209 innings. This season, however, he stopped training due to elbow pain during spring camp and returned through rehabilitation instead of surgery, but started only 17 games. His ERA also increased to 3.41. In his first four appearances, his ERA soared to 6.75 and he returned to 2.67 in his 13th appearance afterwards. In the postseason, he pitched 2.17 as an ace. However, he collapsed rapidly after making a defensive mistake in the fifth inning of Game 5 of the World Series.
The strikeout rate per batter has also been decreasing. It stood at 33.5 percent in the 2021 season and 32.4 percent in the 2022 season, but fell to 27 percent last year before falling further to 25.4 percent this season. The average fastball speed also decreased by about 1 mile per hour compared to last year. 메이저놀이터
For now, the Yankees seem to have succeeded in catching Cole. The Yankees can maintain the rotation of Carlos Rodon, Nestor Cortes, Clark Schmidt, and Lewis Hill, starting with Cole. Marcus Stroman and Will Warren, two prospects, may join the starting lineup.
Since he saved $36 million in additional money to pay Cole, he can afford to invest in Juan Soto, who became an FA, or he can bring a starting pitcher to the FA market.