Yankees can void Gerrit Cole’s decision to opt out of contract

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The Yankees introduced new ace Gerrit Cole at a press conference on Wednesday as their record nine-year, $324 million contract was finalized. The Athletic's Ken Rosenthal reported a previously unreported detail about Cole's contract: if Cole opts out of his contract after the 2024 season, the Yankees can choose to void his decision if they add one more year and $36 million to the back end of the deal. Cole, 29, will be entering his age-34 season when the decision comes, with Four years and $144 million remaining on the deal.

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