The Yankees have signed Gerrit Cole to a 9-year, $324 million deal, first reported by Jon Heyman of MLB Network. Cole’s contract breaks the record for largest annual value for a pitcher set by David Price in 2015 and largest total value for a pitcher set by Stephen Strasburg earlier this week.
The Yankees got an up close and personal look at Cole last postseason as he threw 7 innings of shutout ball in route to the Astros taking a 2-1 series lead in the ALCS. Cole’s spectacular postseason continued as he pitched 7 innings in Game 5 of the World Series giving up just 1-run to the eventual World Series champion Nationals.
Cole had a career year last season with the Astros finishing with career-high’s in ERA (2.50), wins (20-5) and strikeouts (326). Cole was arguably the best pitcher in baseball last season as he led the league in ERA and strikeouts and finished 2nd to teammate Justin Verlander in wins. Cole has finished top-5 in CY Young voting 3 times.
Cole improved mightily after the Pirates traded him to the Astros in early 2018. Cole’s ERA dropped from 3.50 in his 5 seasons with the Pirates to 2.68 in his 2 seasons with the Astros. Cole will step into a Yankees rotation that already features Luis Severino and Mashiro Tanaka. New York’s rotation immediately becomes one of the most frightening in the MLB with 3 All-Star caliber pitchers.
AP Photo: (Kathy Willens - AP Photo)