Gerrit Cole Free Agency: Tracking All the Latest Rumors and Updates

December 08, 2019 - 2:25 pm

Starting pitcher Gerrit Cole is undoubtedly the most-coveted MLB free agent in the 2020 class and could potentially become the highest-paid pitcher ever.

Like Bryce Harper and Manny Machado last year, every little nugget that may shed light or new information on where the ace could be heading will be reported and analyzed from every angle.

Follow along with RADIO.COM on all the latest Cole news and rumors throughout the Winter Meetings and MLB offseason.

Tuesday, Dec. 10

RADIO.COM MLB Insider Jon Heyman says that there's believed to be a "mystery team" in on Cole. He casts doubt, though, that any team would be able to top offers from the New York Yankees, Los Angeles Angels and Los Angeles Dodgers, three of the deepest-pocketed teams in the sport.

Meanwhile, Scott Boras, who represents Cole, told the collective media, including Michael Mayer of Mets Merized, that "we are getting far along in the Cole negotiations."

Monday, Dec. 9

RADIO.COM MLB Insider Jon Heyman says that the belief around baseball is that Cole will sign with whoever offers him "the best value/deal, regardless of geography." Cole is from Orange County and went to UCLA, so there had been some thought that he would be pulled to one of the two Los Angeles teams. Worth noting then, is that California has a 13.30 percent income tax rate, the highest of any state in the country. New York is 8.82 percent.

Following Stephen Strasburg's seven-year/$245 million deal with the Washington Nationals, Joel Sherman of The New York Post now says that Cole is expected to receive over $300 million in free agency.

Sunday, Dec. 8

According to Bob Klapisch of the New York Times, the Yankees have a seven-year, $245 million offer "on the table" for Gerrit Cole. The deal would make Cole the highest-paid pitcher in baseball, surpassing Zack Greinke's annual average of $34.4 million per year.

However, Bob Nightengale of USA Today is reporting no offer has been made yet, although the Yankees will make an offer this week.

Saturday, Dec. 7

Teams will be making initial offers to Cole in the coming days as the Winter Meetings are set to get started, per ESPN's Jeff Passan. The Yankees, Angels and Dodgers are all in play. However, according to SNY's Andy Martino, the Yankees have "back burnered other business" as they prioritize finishing Cole negotiations.

Thursday, Dec. 5

-According to ESPN's Jeff Passan, the Yankees have made Cole a top priority and have gotten approval from ownership to offer Cole a record-setting deal. Executives expect a deal to be pushed well beyond $250 million.

-Among those present at the Yankees' meeting with Cole earlier in the week was Andy Pettitte. Pettitte played for both the Astros and Yankees over his career and is now a special assistant to GM Brian Cashman.

Wednesday, Dec. 4

-Cole met with the Los Angeles Angels, per Jeff Fletcher of the Orange County Register. Cole is a California native and the Angels are believed to have a good chance at signing the 29-year-old, who may prefer to be closer to home.

Per RADIO.COM Sports MLB Insider Jon Heyman, Cole assured the Yankees he has "no West Coast bias" at Tuesday's meeting, which lasted four hours.

Tuesday, Dec. 3

The New York Yankees met with Cole in California on a recruiting pitch for the 29-year-old starter. According to RADIO.COM Sports MLB Insider Jon Heyman, it was a "very nice" meeting but no money was discussed. He noted that the "dollars will be there" for the Yankees, though.

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