Gerrit Cole

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New York Yankees Starting Pitcher Age: 32-208d Exp: 9.111 Years Bat/Throw: Right/Right
Drafted: Round 1 (#1 overall), 2011 College: California-Los Angeles Agent(s): Scott Boras (Boras Corporation)

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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 Contract details by year 29 6.111 $36,000,000 $36,000,000 $36,000,000 $13,333,333 $13,333,333($13,333,333)
    2021 Contract details by year 30 7.111 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($49,333,333)
    2022 Contract details by year 31 8.111 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($85,333,333)
    2023 Contract details by year 32 9.111 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($121,333,333)
    2024 Contract details by year 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 Contract details by year 34 Opt Out $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($193,333,333)
    2026 Contract details by year 35 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($229,333,333)
    2027 Contract details by year 36 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($265,333,333)
    2028 Contract details by year 37 $36,000,000 $36,000,000 $36,000,000 $36,000,000 $36,000,000($301,333,333)
    2029 Free Agent Year 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 Player Cash Earnings - $9,000,000 - $9,000,000
    2013 Player Cash Earnings $297,213 - - $297,213
    2014 Player Cash Earnings $512,500 - - $512,500
    2015 Player Cash Earnings $531,000 - - $531,000
    2016 Player Cash Earnings $548,000 - - $548,000
    2017 Player Cash Earnings $3,750,000 - - $3,750,000
    2018 Player Cash Earnings $6,750,000 - - $6,750,000
    2019 Player Cash Earnings ALL MLB (1ST) $13,500,000 - - $13,500,000
    2020 Player Cash Earnings ALL MLB (2ND) $13,333,333 - - $13,333,333
    2021 Player Cash Earnings ALL MLB (1ST) $36,000,000 - - $36,000,000
    2022 Player Cash Earnings $36,000,000 - - $36,000,000
    Est. Earnings
    (10 seasons)    		 $111,222,046 $9,000,000 - $120,222,046
    2023 Player Cash Earnings $36,000,000 - - $36,000,000
    2024 Player Cash Earnings $36,000,000 - - $36,000,000
    2025 Player Cash Earnings $36,000,000 - - $36,000,000
    2026 Player Cash Earnings $36,000,000 - - $36,000,000
    2027 Player Cash Earnings $36,000,000 - - $36,000,000
    2028 Player Cash Earnings $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 Player Cash Earnings $5,638,713 $9,000,000 - $14,638,713
    2 seasons Player Cash Earnings $20,250,000 - - $20,250,000
    3 seasons Player Cash Earnings $85,333,333 - - $85,333,333
    * 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 Offer
    Feb 13 2019Signed a 1 year $13.5 million contract with Houston (HOU), settling in arbitration
    Jan 14 2018Traded to Houston (HOU) from Pittsburgh (PIT) for Joe Musgrove, Michael Feliz, Colin Moran and Jason Martin
    Jan 12 2018Signed a 1 year $6.75 million contract with Pittsburgh (PIT), avoiding arbitration
    Jan 13 2017Signed a 1 year $3.75 million contract with Pittsburgh (PIT), avoiding arbitration
    Feb 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.

  • 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

    Average Annual ($0) Rank
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    Statistics

    Season Team GP GS IP H R ER BB K HR W L S ERA WHIP WAR
    2022 NYY 33 33 200.2 154 81 78 50 257 33 13 8 0 3.50 1.017 2.38
    2021 NYY 30 30 181.1 151 69 65 41 243 24 16 8 0 3.23 1.059 5.69
    2020 NYY 12 11 73.0 53 27 23 17 94 14 7 3 0 2.84 0.959 2.18
    2019 HOU 34 33 212.1 142 66 59 48 326 29 20 5 0 2.50 0.895 6.64
    2018 HOU 32 32 200.1 143 68 64 64 276 19 15 5 0 2.88 1.033 5.19
    2017 PIT 34 33 203.0 199 98 96 55 196 31 12 12 0 4.26 1.251 2.63
    2016 PIT 21 21 116.0 131 57 50 36 98 7 7 10 0 3.88 1.44 1.46
    2015 PIT 33 32 208.0 183 71 60 44 202 11 19 8 0 2.60 1.091 4.34
    2014 PIT 23 22 138.0 127 58 56 40 138 11 11 5 0 3.65 1.21 1.19
    2013 PIT 19 19 117.1 109 43 42 28 100 7 10 7 0 3.22 1.168 1.41
    Totals 271 266 1650.0 1,392 638 593 423 1,930 186 130 71 0 3.23 1.100 33.11
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