Back to the New York Yankees Newsfeed

Gerrit Cole opts out, but Yankees can keep him by adding $36 million in 2029

Related Topics: Gerrit Cole, New York Yankees

NEW YORK — Gerrit Cole has opted out of his New York Yankees contract, giving the team two days to void their ace's decision by adding a $36 million salary for 2029, a person familiar with the situation told The Associated Press.

Three days after the Yankees lost the World Series, New York said Saturday it declined first baseman Anthony Rizzo's $17 million option in favor of a $6 million buyout, making the first baseman a free agent.

Star outfielder Juan Soto also became a free agent after the World Series.