Published 19:41 IST, December 19th 2019

Gerrit Cole's mammoth $324 million New York Yankees contract REVEALED

Gerrit Cole to New York Yankees official after his unveiling at the Yankees stadium. New details of his massive nine-year contract emerge on the internet

Reported by: Sujay Chakraborty
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New York Yankees offered Gerrit Cole a nine-year contract worth $324 million making him highest-paid player in MLB. Gerrit Cole is officially a New York Yankees player after he was presented to supporters on Wednesday, December 18, 2019.

Also Re | Gerrit Cole Arrives In New York For Yankees Unveiling, Opens Up About $324m Deal

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Gerrit Cole contract: New details emerge

While supporters at Yankees Stium were rejoicing to see a clean-shaven Gerrit Cole being officially unveiled as a New Yankees Player, new details of his mammoth contract are doing  rounds on internet. According to  Athletic, Gerrit Cole has an option to opt-out from his contract after his fifth year at Yankees. report also mentions that Yankees can void that opt-out by extending his contract for ar year. 

Also Re | Gerrit Cole ed By Wife In New York, All Smiles Ahe Of Big Yankees Unveiling

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If New York Yankees do offer him extension, it will take Cole's contract to worth $360 million over ten years. This would officially put him second on list for largest contract offered in MLB only behind Mike Trout. Earlier this year, Trout reportedly signed a massive 12-year deal with Los Angeles Angels worth $430 million deal.

Watch: Gerrit Cole's Press Conference

former Houston Astros man is considered as one of pitchers in MLB. He almost won World Series with Astros, recording 326 strikeouts last season. 

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Also Re | Gerrit Cole Breaks Silence On Why He Joined New York Yankees

Gerrit Cole's official presentation

Cole put on his . 45 jersey for first time on Wednesday. A lifelong Yankees fan, Cole brought his Yankees sign from 2001 when he rooted for New York Yankees in ir World Series loss to  Arizona Diamondbacks.

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Also Re | Gerrit Cole Signed For New York Yankees In $324 Million Deal After Being Wooed By THIS

13:39 IST, December 19th 2019