Gerrit Cole
2024 Payroll Salary
$36,000,000
2024 Cash
$36,000,000
Career Earnings
$192,222,046
2020-2028 Free Agent (CURRENT)
Gerrit Cole signed a 9 year , $324,000,000 contract with the New York Yankees, including $324,000,000 guaranteed, and an average annual salary of $36,000,000. In 2024, Cole will earn a base salary of $36,000,000, while carrying a total salary of $36,000,000.
Year | Age | Service | Option/Status | Base Salary | Incentives Likely | Incentives Unlikely | Payroll | Luxury Tax | |||
---|---|---|---|---|---|---|---|---|---|---|---|
2020 | 29 | 6.111 |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2021 | 30 | 7.111 |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2022 | 31 | 8.111 |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2023 | 32 | 9.111 |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2024 | 33 | 10.111 |
NTC
Injured
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
PLAYER OPT-OUT: AVAILABLE 2025, 4 YR, $144,000,000 REMAINING | |||||||||||
2025 | 34 | - |
NTC
ETO
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2026 | 35 | - |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2027 | 36 | - |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2028 | 37 | - |
NTC
|
$36,000,000 | - | - | $36,000,000 | $36,000,000 | |||
2029 | 38 | - |
UFA |
Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | AYC Cumulative | AYC Remaining | |
---|---|---|---|---|---|---|---|---|
2020 | 29 | $13,333,333 | $13,333,333 | $13,333,333 | $13,333,333 | $33,481,481 | ||
2021 | 30 | $36,000,000 | $36,000,000 | $49,333,333 | $24,666,667 | $36,000,000 | ||
2022 | 31 | $36,000,000 | $36,000,000 | $85,333,333 | $28,444,444 | $36,000,000 | ||
2023 | 32 | $36,000,000 | $36,000,000 | $121,333,333 | $30,333,333 | $36,000,000 | ||
2024 | 33 |
Injured |
$36,000,000 | $36,000,000 | $157,333,333 | $31,466,667 | $36,000,000 | |
2025 | 34 |
ETO |
$36,000,000 | $36,000,000 | $193,333,333 | $32,222,222 | $36,000,000 | |
2026 | 35 | $36,000,000 | $36,000,000 | $229,333,333 | $32,761,905 | $36,000,000 | ||
2027 | 36 | $36,000,000 | $36,000,000 | $265,333,333 | $33,166,667 | $36,000,000 | ||
2028 | 37 | $36,000,000 | $36,000,000 | $301,333,333 | $33,481,481 | $36,000,000 |
- Full No Trade Clause
- Player Opt-out available after 2024
- If exercised, team can void opt-out decision by adding 10th year (2029) at $36M.
2019-2019 Arbitration
Gerrit Cole signed a 1 year , $13,500,000 contract with the Houston Astros, including $13,500,000 guaranteed, and an average annual salary of $13,500,000.
2018-2018 Arbitration
Gerrit Cole signed a 1 year , $6,750,000 contract with the Pittsburgh Pirates, including $6,750,000 guaranteed, and an average annual salary of $6,750,000.
2017-2017 Arbitration
Gerrit Cole signed a 1 year , $3,750,000 contract with the Pittsburgh Pirates, including $3,750,000 guaranteed, and an average annual salary of $3,750,000.
2016-2016 Pre-Arb
Gerrit Cole signed a 1 year , $548,000 contract with the Pittsburgh Pirates, including $548,000 guaranteed, and an average annual salary of $548,000.
2015-2015 Pre-Arb
Gerrit Cole signed a 1 year , $531,000 contract with the Pittsburgh Pirates, including $531,000 guaranteed, and an average annual salary of $531,000.
2014-2014 Pre-Arb
Gerrit Cole signed a 1 year , $512,500 contract with the Pittsburgh Pirates, including $512,500 guaranteed, and an average annual salary of $512,500.
2013-2013 Pre-Arb
Gerrit Cole signed a 1 year , $490,000 contract with the Pittsburgh Pirates, including $490,000 guaranteed, and an average annual salary of $490,000.
2011-2011 Signing Bonus
Gerrit Cole signed a 1 year , $9,000,000 contract with the Pittsburgh Pirates, including $9,000,000 guaranteed, and an average annual salary of $9,000,000.
Career Earnings thru 2024
$192,222,046
Career Earnings w/ Different Teams
3 teams
Earnings Per Year
Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
---|---|---|---|---|---|---|
2011 | 20 |
Signing Bonus
|
$9,000,000 |
$9,000,000 |
||
2013 | 22 |
Active
|
$297,213 |
$9,297,213 |
||
2014 | 23 |
Active
|
$512,500 |
$9,809,713 |
||
2015 | 24 |
Active
|
$531,000 |
$10,340,713 |
||
2016 | 25 |
Injured
|
$548,000 |
$10,888,713 |
||
2017 | 26 |
Active / Arb Avoided
|
$3,750,000 |
$14,638,713 |
||
2018 | 27 |
Active / Arb Avoided
|
$6,750,000 |
$21,388,713 |
||
2019 | 28 |
Active / arbitration-settlement
|
$13,500,000 |
$34,888,713 |
All MLB (1st) | |
2020 | 29 |
Active
|
$13,333,333 |
$48,222,046 |
All MLB (2nd) | |
2021 | 30 |
Active
|
$36,000,000 |
$84,222,046 |
All MLB (1st) | |
2022 | 31 |
Active
|
$36,000,000 |
$120,222,046 |
||
2023 | 32 |
Active
|
$36,000,000 |
$156,222,046 |
AL Cy Young All MLB (1st) | |
2024 | 33 |
Injured
|
$36,000,000 |
$192,222,046 |
||
Total |
$192,222,046 |
$192,222,046 |
||||
2025 | 34 |
Active / early-termination
|
$36,000,000 |
$228,222,046 |
||
2026 | 35 |
Active
|
$36,000,000 |
$264,222,046 |
||
2027 | 36 |
Active
|
$36,000,000 |
$300,222,046 |
||
2028 | 37 |
Active
|
$36,000,000 |
$336,222,046 |
||
Total |
$336,222,046 |
Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
---|---|---|---|---|---|---|---|
2011 |
|
20 |
$9,000,000 |
$9,000,000 |
$9,000,000 |
||
2013 |
|
22 |
$297,213
|
$297,213 |
$9,297,213 |
||
2014 |
|
23 |
$512,500
|
$512,500 |
$9,809,713 |
||
2015 |
|
24 |
$531,000
|
$531,000 |
$10,340,713 |
||
2016 |
|
25 |
$548,000
|
$548,000 |
$10,888,713 |
||
2017 |
|
26 |
$3,750,000
|
$3,750,000 |
$14,638,713 |
||
2018 |
|
27 |
$6,750,000
|
$6,750,000 |
$21,388,713 |
||
2019 |
|
28 |
$13,500,000
|
$13,500,000 |
$34,888,713 |
||
2020 |
|
29 |
$13,333,333
|
$13,333,333 |
$48,222,046 |
||
2021 |
|
30 |
$36,000,000
|
$36,000,000 |
$84,222,046 |
||
2022 |
|
31 |
$36,000,000
|
$36,000,000 |
$120,222,046 |
||
2023 |
|
32 |
$36,000,000
|
$36,000,000 |
$156,222,046 |
||
2024 |
|
33 |
$36,000,000
|
$36,000,000 |
$192,222,046 |
||
Total |
$183,222,046 |
$9,000,000 |
$192,222,046 |
$192,222,046 |
|||
2025 |
|
34 |
$36,000,000
|
$36,000,000 |
$228,222,046 |
||
2026 |
|
35 |
$36,000,000
|
$36,000,000 |
$264,222,046 |
||
2027 |
|
36 |
$36,000,000
|
$36,000,000 |
$300,222,046 |
||
2028 |
|
37 |
$36,000,000
|
$36,000,000 |
$336,222,046 |
||
Total |
$327,222,046 |
$9,000,000 |
$336,222,046 |
Earnings Per Team
Years | Team | Base | Signing | Incentives | Cash Cumulative |
---|---|---|---|---|---|
6 | $5,638,713 | $9,000,000 | - | $14,638,713 | |
2 | $20,250,000 | - | - | $20,250,000 | |
4 | $121,333,333 | - | - | $121,333,333 |
- Dec 11, 2019 Signed a 9 year $324 million contract with New York (NYY)
- Nov 04, 2019 Houston (HOU) extended a $17.8 million Qualifying Offer
- Feb 13, 2019 Signed a 1 year $13.5 million contract with Houston (HOU), settling in arbitration
- Jan 14, 2018 Traded to Houston (HOU) from Pittsburgh (PIT) for Joe Musgrove, Michael Feliz, Colin Moran and Jason Martin
- Jan 12, 2018 Signed a 1 year $6.75 million contract with Pittsburgh (PIT), avoiding arbitration
- Jan 13, 2017 Signed a 1 year $3.75 million contract with Pittsburgh (PIT), avoiding arbitration
- Feb 29, 2016 Signed a 1 year $548k contract with Pittsburgh (PIT)
- Feb 29, 2016 Signed a 1 year $541k contract with Pittsburgh (PIT)
- Mar 04, 2015 Signed a 1 year $531,000 contract with Pittsbugh (PIT)
- Mar 03, 2014 Signed a 1 year $512,500 contract with Pittsburgh (PIT)
- Aug 15, 2011 Signed a contract with Pittsburgh (PIT)
- Jun 06, 2011 Drafted by Pittsburgh (PIT): Round 1 (#1 overall)
Year | Team | GP | GS | H | R | ER | BB | K | HR | W | L | SV | IP | ERA | WHIP | WAR |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | NYY | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.0 | 0.00 | 0.00 | |
2023 | NYY | 33 | 33 | 157 | 64 | 61 | 48 | 222 | 20 | 15 | 4 | 0 | 209.0 | 2.63 | 2.07 | 7.48 |
2022 | NYY | 33 | 33 | 154 | 81 | 78 | 50 | 257 | 33 | 13 | 8 | 0 | 200.7 | 3.50 | 2.24 | 2.38 |
2021 | NYY | 30 | 30 | 151 | 69 | 65 | 41 | 243 | 24 | 16 | 8 | 0 | 181.3 | 3.23 | 2.03 | 5.69 |
2020 | NYY | 12 | 11 | 53 | 27 | 23 | 17 | 94 | 14 | 7 | 3 | 0 | 73.0 | 2.84 | 2.10 | 2.18 |
2019 | HOU | 34 | 33 | 142 | 66 | 59 | 48 | 326 | 29 | 20 | 5 | 0 | 212.3 | 2.50 | 2.03 | 6.64 |
2018 | HOU | 32 | 32 | 143 | 68 | 64 | 64 | 276 | 19 | 15 | 5 | 0 | 200.3 | 2.88 | 2.88 | 5.19 |
2017 | PIT | 34 | 33 | 199 | 98 | 96 | 55 | 196 | 31 | 12 | 12 | 0 | 203.0 | 4.26 | 0.41 | 2.63 |
2016 | PIT | 21 | 21 | 131 | 57 | 50 | 36 | 98 | 7 | 7 | 10 | 0 | 116.0 | 3.88 | 0.36 | 1.46 |
2015 | PIT | 33 | 32 | 183 | 71 | 60 | 44 | 202 | 11 | 19 | 8 | 0 | 208.0 | 2.60 | 0.53 | 4.34 |
2014 | PIT | 23 | 22 | 127 | 58 | 56 | 40 | 138 | 11 | 11 | 5 | 0 | 138.0 | 3.65 | 0.38 | 1.19 |
2013 | PIT | 19 | 19 | 109 | 43 | 42 | 28 | 100 | 7 | 10 | 7 | 0 | 117.3 | 3.22 | 0.47 | 1.41 |