Gerrit Cole signs.... $324/9 to the Yankees

[Saint]

Dec 19, 2019 18:32:03 GMT -6 talshill said:

Dec 19, 2019 13:52:09 GMT -6 Saint said:

I didn't see this:

" Should Cole exercise his opt-out provision in the 2024-25 offseason, the Yankees will have the opportunity to void that decision by extending him for an additional year and $36MM, Ken Rosenthal of The Athletic further reports (Twitter link).

Cole would need to be willing to walk away from four years and $144MM at age 34 for that clause to be relevant, and the Yankees would likewise need to be willing to pay him a total of $180MM for his age-34 through age-38 seasons to void the opt-out decision. It doesn’t seem particularly likely that the clause will come into play, but in the event that it does, Cole would earn $360MM over a decade-long term with the Yankees."

That's an interesting addition to a contract. I wonder if we'll start seeing more of those type of clauses.

In the long run, it doesn't matter.  This contract will bit NY in the butt in the end.

Maybe.  But if they can get a couple pennants and/or championships out of it, I'm sure they'll take the bad that comes with it later on. 

[unionstation82]

Dec 20, 2019 8:33:08 GMT -6 Saint said:

Dec 19, 2019 18:32:03 GMT -6 talshill said:

In the long run, it doesn't matter.  This contract will bit NY in the butt in the end.

Maybe.  But if they can get a couple pennants and/or championships out of it, I'm sure they'll take the bad that comes with it later on. 

The same people who go “lol Yanks stupid money” would’ve been the most excited if he signed that 7-year/$250 million deal that Luhnow offered.