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Yankees’ Preparing Record-Setting Contract Offer for Gerrit Cole

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The New York Yankees are looking to make free agent front-line starter Gerrit Cole an offer he simply cannot refuse.

According to the New York Times’ Bob Klapisch, the Yankees are working on a making a record-setting seven-year, $245 million contract offer to Cole, which would set  anew mark for pitchers in terms of overall value as well as average annual value.

According to MLB Network’s Jon Heyman and Mark Feinsand, while the Yankees have not officially made the offer to Cole, they are not far from doing so. Cole and his agent Scott Boras have requested interested teams to submit their initial offers.

Cole is expected to draw interest from the Los Angeles Dodges and and the Los Angeles Angels, who could throw their hat in the ring of what could be a fevered bidding war to land Cole, who is widely considered to be the cream of the free agent crop this year.

The Yankees have made it their priority to sign Cole this offseason, and appear to be taking a clear, and aggressive approach, to get that deal done as soon as possible.

 

 

 

 

Anthony DiMoro is the creator of Sports Rants and the CEO of Elite Rank Media. He is a former Contributor for Forbes and the Huffington Post where he covered sports, social media, and SEO. Anthony formerly hosted the 'Forbes SportsMoney Podcast'.

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