Cole became the first pitcher in baseball history to earn a $300 million contract.
The Gerrit Cole sweepstakes ended on late Tuesday night as the former Astros star pitcher has agreed to a deal with the Yankees, according to the MLB Network's
Jon Heyman.Cole's deal is reportedly for nine years and $324 million, according to multiple reports. He became the first pitcher to earn a $300 million contract, passing the previous record set Monday when Stephen Strasburg signed for seven years and $245 million.
Over the past two seasons, Cole emerged as one of the best starters in baseball, compiling a 2.68 ERA with a 13.1 K/9. At one point last season, he went 16-0 with a 1.78 ERA and 0.81 WHIP with 226 strikeouts over his final 22 starts, in what was one of the most dominant stretches in baseball history.
In 2019, the 29-year-old Cole led the majors in strikeouts with 326, smashing the Astros' franchise record, and his league-leading total came in the second fewest ever by a pitcher to record 300 K's.
When Stephen Strasburg re-signed with the Nationals on Monday for seven-years and $245, many in the sport immediately turned their focus to predicting what team and for what price the 2019 AL Cy Young award runner-up would join.
The Yankees ultimately landed Cole, beating out both the Angels and Dodgers, who were the most serious suitors for the three-time All-Star. New York lost to Cole in the Astros in the 2019 ALCS after winning 103 games in the regular season.
Heading into the offseason, Cole was ranked No. 1 on Sports Illustrated's list of free agents.
Cole became the first pitcher in baseball history to earn a $300 million contract.
The Gerrit Cole sweepstakes ended on late Tuesday night as the former Astros star pitcher has agreed to a deal with the Yankees, according to the MLB Network's Jon Heyman.
Cole's deal is reportedly for nine years and $324 million, according to multiple reports. He became the first pitcher to earn a $300 million contract, passing the previous record set Monday when Stephen Strasburg signed for seven years and $245 million.
Over the past two seasons, Cole emerged as one of the best starters in baseball, compiling a 2.68 ERA with a 13.1 K/9. At one point last season, he went 16-0 with a 1.78 ERA and 0.81 WHIP with 226 strikeouts over his final 22 starts, in what was one of the most dominant stretches in baseball history.
In 2019, the 29-year-old Cole led the majors in strikeouts with 326, smashing the Astros' franchise record, and his league-leading total came in the second fewest ever by a pitcher to record 300 K's.
When Stephen Strasburg re-signed with the Nationals on Monday for seven-years and $245, many in the sport immediately turned their focus to predicting what team and for what price the 2019 AL Cy Young award runner-up would join.
The Yankees ultimately landed Cole, beating out both the Angels and Dodgers, who were the most serious suitors for the three-time All-Star. New York lost to Cole in the Astros in the 2019 ALCS after winning 103 games in the regular season.
Heading into the offseason, Cole was ranked No. 1 on Sports Illustrated's list of free agents.
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