On Dec. 10, the New York Yankees announced their record-breaking deal with Gerrit Cole. Fast-forward one week later, the Bronx Bombers have now made Cole’s deal official, introducing the new ace of their pitching staff.
Today, the Yankees announced they have signed RHP Gerrit Cole to a 9-year contract extending through the 2028 season with a player opt-out following the 2024 season.
To make room on the 40-man roster, RHP Chance Adams has been DFA’d.
— New York Yankees (@Yankees) December 18, 2019
In doing so, Brian Cashman needed to create an open spot for Cole on the Yankees’ 40-man roster.