Published 15:22 IST, December 9th 2019

MLB trade rumours: New York Yankees have reportedly made a $245m offer for Gerrit Cole

MLB trade rumours: The New York Yankees have made a record seven-year $245 million offer to sign free-agent Gerrit Cole according to multiple media reports

Reported by: Sreehari Menon
Follow: Google News Icon
  • share
null | Image: self
Advertisement

It is secret that Gerrit Cole is one of hottest if t hottest properties in MLB free-nts market. While many teams like Los Angeles Dodgers and Los Angeles Angels are chasing his signature, it seems like Cole to Yankees is certainly done. New York Yankees have made a $245 million offer for Gerrit Cole according to multiple American media reports.

Also Read: New York Yankees Owner Hal Steinbrenner Believes Brett Gardner Would Be Perfect Fit

Advertisement

MLB trade rumours: New York Yankees make record offer for Gerrit Cole

If Gerrit Cole signs with Yankees, deal would establish a new yardstick in terms of overall value and Aver annual value (AAV) for free-nt pitchers. Cole’s $245 million over seven years — a $35 million AAV — would surpass David Price’s record $217 million deal with Boston Red Sox, while it’ll also surpass Zack Greinke’s $34.4 million AAV from Arizona Diamondbacks. Yet, Yankees cant be sure of signing pitcher and should expect competition form both Dodgers and Angels.

Also Read: MLB Trade Rumours: New York Yankees Consider Gerrit Cole, Stephen Strasburg Move

Advertisement

MLB trade rumours: Diamondbacks, Red Sox to rival New York Yankees' offer?

With Gerrit  Cole and representative Scott Boras requesting on Saturday that interested teams submit preliminary offers, Gerrit Cole saga is far from over, and re’s a chance that eir of Los Angeles franchises will better New York Yankees' bid, considering y have been linked with Cole’s signature earlier. contract value could exceed $280 million or even $300 million if those teams opt to go to an eighth or ninth year, a record figure for pitchers. Both Gerrit Cole and Scott Boras are indeed sitting pretty, considering initial bid is a record bid in itself.

Also Read: MLB Trade Rumours: Texas Rangers Could Sign New York Yankees Player Miguel Andujar

Advertisement

MLB trade rumours: New York Yankees seem desperate for Gerrit Cole's signature

sheer magnitude of opening bid is indicative of New York Yankees’ commitment to go into spring with this offseason’s crown jewel. ownership has authorised an active pursuit of Gerrit Cole according to reports. Yankees have halted or business as it focuses entirely on crown jewel of free-nt market, a Hal Steinbrenner trademark that has been absent for several years.

Also Read: MLB Trade Rumours: Houston Astros, Red Sox Rule Trade Buzz Ahead Of MLB Winter Meetings

Advertisement

14:45 IST, December 9th 2019