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Report: Gerrit Cole To Sign Record 9-Year, $324M Deal
Prized free-agent pitcher Gerrit Cole and the New York Yankees have agreed to a record nine-year, $324 million contract, sources told ESPN's Jeff Passan.
The deal includes an opt-out after five years, according to Passan, and it also has a full no-trade clause, sources told ESPN. It surpasses the deal Stephen Strasburg finalized with the Washington Nationals on Monday for most total money and annual average salary for a pitcher, at $36 million...
Yankees general manager Brian Cashman visited Cole and his wife, Amy, in California last week, bringing along manager Aaron Boone, new pitching coach Matt Blake and special adviser Andy Pettitte.
Passan reported last week that signing Cole was the Yankees' top offseason priority and that Cashman had ownership-level approval to offer a record-setting deal.