Active
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Current Contract
Gerrit Cole signed a 9 year / $324,000,000 contract with the New York Yankees, including $324,000,000 guaranteed, and an annual average salary of $36,000,000. In 2023, Cole will earn a base salary of $36,000,000, while carrying a total salary of $36,000,000.
2020-2028 Free Agent
Contract: 9 yr(s) / $324,000,000 Signing Bonus - Average Salary $36,000,000 Free Agent: 2029 / UFA Year Age Service Status Base Salary Luxury Tax Salary Payroll Salary Adjusted Salary Yearly Cash 2020 29 6.111 $36,000,000 $36,000,000 $36,000,000 $13,333,333 $13,333,333($13,333,333) 2021 30 7.111 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($49,333,333) 2022 31 8.111 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($85,333,333) 2023 32 9.111 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($121,333,333) 2024 33 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($157,333,333) PLAYER OPT-OUT AVAILABLE : 4 yr, $144,000,000 remaining
2025 34 Opt Out $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($193,333,333) 2026 35 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($229,333,333) 2027 36 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($265,333,333) 2028 37 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($301,333,333) 2029 38 UFA Contract Notes:- 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.
Sources: MLB contract specifics generally collected from Baseball Prospectus & Rotoworld.
Previous Contracts
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2019-2019 Arbitration
Contract: 1 yr(s) / $13,500,000 Signing Bonus - Average Salary $13,500,000 Free Agent: 2018-2018 Arbitration
Contract: 1 yr(s) / $6,750,000 Signing Bonus - Average Salary $6,750,000 Free Agent: 2017-2017 Arbitration
Contract: 1 yr(s) / $3,750,000 Signing Bonus - Average Salary $3,750,000 Free Agent: 2016-2016 Pre-Arbitration
Contract: 1 yr(s) / $548,000 Signing Bonus - Average Salary $548,000 Free Agent: 2015-2015 Pre-Arbitration
Contract: 1 yr(s) / $531,000 Signing Bonus - Average Salary $531,000 Free Agent: 2014-2014 Pre-Arbitration
Contract: 1 yr(s) / $512,500 Signing Bonus - Average Salary $512,500 Free Agent: 2013-2013 Pre-Arbitration
Contract: 1 yr(s) / $490,000 Signing Bonus - Average Salary $490,000 Free Agent: 2011-2011Signing Bonus
Contract: 1 yr(s) / $9,000,000 Signing Bonus - Average Salary $9,000,000 Free Agent: -
Estimated Career Earnings
Year Team Awards Salary Signing Bonus Incentive Total Cash 2011 - $9,000,000 - $9,000,000 2013 $297,213 - - $297,213 2014 $512,500 - - $512,500 2015 $531,000 - - $531,000 2016 $548,000 - - $548,000 2017 $3,750,000 - - $3,750,000 2018 $6,750,000 - - $6,750,000 2019 ALL MLB (1ST) $13,500,000 - - $13,500,000 2020 ALL MLB (2ND) $13,333,333 - - $13,333,333 2021 ALL MLB (1ST) $36,000,000 - - $36,000,000 2022 $36,000,000 - - $36,000,000 2023 $36,000,000 - - $36,000,000 Est. Earnings
(11 seasons)$147,222,046 $9,000,000 - $156,222,046 2024 $36,000,000 - - $36,000,000 2025 $36,000,000 - - $36,000,000 2026 $36,000,000 - - $36,000,000 2027 $36,000,000 - - $36,000,000 2028 $36,000,000 - - $36,000,000 $327,222,046 $9,000,000 - $336,222,046 Seasons Team Salary Signing Bonus Incentive Total Cash 5 seasons $5,638,713 $9,000,000 - $14,638,713 2 seasons $20,250,000 - - $20,250,000 4 seasons $121,333,333 - - $121,333,333 * denotes deferred payment -
Transactions
Dec 11 2019Signed a 9 year $324 million contract with New York (NYY)Nov 4 2019Houston (HOU) extended a $17.8 million Qualifying OfferFeb 13 2019Signed a 1 year $13.5 million contract with Houston (HOU), settling in arbitrationJan 14 2018Traded to Houston (HOU) from Pittsburgh (PIT) for Joe Musgrove, Michael Feliz, Colin Moran and Jason MartinJan 12 2018Signed a 1 year $6.75 million contract with Pittsburgh (PIT), avoiding arbitrationJan 13 2017Signed a 1 year $3.75 million contract with Pittsburgh (PIT), avoiding arbitrationFeb 29 2016Signed a 1 year $548k contract with Pittsburgh (PIT)Feb 29 2016Signed a 1 year $541k contract with Pittsburgh (PIT)Mar 4 2015Signed a 1 year $531,000 contract with Pittsbugh (PIT)Mar 3 2014Signed a 1 year $512,500 contract with Pittsburgh (PIT)Aug 15 2011Signed a contract with Pittsburgh (PIT)Jun 6 2011Drafted by Pittsburgh (PIT): Round 1 (#1 overall) -
Injuries
A look at the injuries for Gerrit Cole, and the financial implications.
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2023 Player Rankings
A visual look at how Gerrit Cole ranks across the league, conference, division, and team.
Cap Hit ($0) Rank
Total Cash ($0) Rank
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Statistics
Season Team GP GS IP H R ER BB K HR W L S ERA WHIP WAR 2023 NYY 32 32 200.0 155 64 61 48 217 20 14 4 0 2.75 1.015 0 2022 NYY 33 33 200.2 154 81 78 50 257 33 13 8 0 3.50 1.017 0 2021 NYY 30 30 181.1 151 69 65 41 243 24 16 8 0 3.23 1.059 0 2020 NYY 12 11 73.0 53 27 23 17 94 14 7 3 0 2.84 0.959 0 2019 HOU 34 33 212.1 142 66 59 48 326 29 20 5 0 2.50 0.895 -0.12 2018 HOU 32 32 200.1 143 68 64 64 276 19 15 5 0 2.88 1.033 -0.11 2017 PIT 34 33 203.0 199 98 96 55 196 31 12 12 0 4.26 1.251 0.07 2016 PIT 21 21 116.0 131 57 50 36 98 7 7 10 0 3.88 1.44 0.21 2015 PIT 33 32 208.0 183 71 60 44 202 11 19 8 0 2.60 1.091 0.14 2014 PIT 23 22 138.0 127 58 56 40 138 11 11 5 0 3.65 1.21 0.21 2013 PIT 19 19 117.1 109 43 42 28 100 7 10 7 0 3.22 1.168 0.15 Totals 303 298 251 17 41 2 0 3 15 6 0 112 0.163 0.186 0.207 0.393 0.55