Pittsburgh Pirates

Winter Meetings: Former Pirate Gerrit Cole smashes contract record with Yankees

By Alex Stumpf
World Series - Houston Astros v Washington Nationals - Game Five WASHINGTON, DC - OCTOBER 27: Gerrit Cole #45 of the Houston Astros reacts after retiring the side against the Washington Nationals during the fourth inning in Game Five of the 2019 World Series at Nationals Park on October 27, 2019 in Washington, DC. (Photo by Patrick Smith/Getty Images) (Patrick Smith/Getty Images)
By Alex Stumpf

SAN DIEGO -- Gerrit Cole went to the MLB Winter Meetings searching for the largest contract ever for a pitcher, and he got it.

The former Pittsburgh Pirates pitcher came to terms on a 9-year, $324-million deal with the Yankees Tuesday night. Jon Heyman was the first to report the deal.

According to Joel Sherman, Cole can opt out of his deal after five years.

He will average $36 million over the course of the contract, the highest in baseball history.

In terms of total dollars, it is the fourth richest contract in baseball history, topped only by Mike Trout's 12-year, $420-million deal, Bryce Harper's 13/$330 million and Giancarlo Stanton's 13/$325 million.

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