Gerrit Cole opts out of contract, setting up $36 million Yankees question - lulu

   

What was expected is nonetheless eye-opening: Gerrit Cole has opted out of his contract and placed the ball in the Yankees’ court. 

Cole made the decision Saturday, The Post’s Jon Heyman confirmed, to pull out of a deal that had four years and $144 million remaining.

The Yankees can prevent their ace from hitting the open market by attaching a fifth year, worth $36 million, to the existing deal that would keep Cole in The Bronx through the 2029 season.

They reportedly have until Sunday night to inform agent Scott Boras of their decision. 

 Gerrit Cole

Gerrit Cole has opted out of his Yankees contract.Charles Wenzelberg / New York Post

It would be surprising if the Yankees allowed Cole to reach free agency, although elbow issues cropped up this year that could give some pause.