How Much Will the Yankees Pay for a World Series? Gerrit Cole’s About to Find Out

The New York Yankees appear to be willing to buy their way into the World Series next year with a ridiculous offer to Gerrit Cole.
Posted in: Op-edSports News
December 10, 2019 3:51 PM UTC
  • The New York Yankees have never been shy when it comes to spending money to improve the roster.
  • With the team losing in the ALCS the last three years, there is a sense of urgency to find the player who will get them over the hump.
  • Rumor has it they plan on offering one such player an obscene amount of money.

No one has won as many World Series titles as the New York Yankees have—27. The last victory, though, was back in 2009, and they’ve only won two this millennium. They have gone through longer stretches without World Series titles before, but not during the modern era.

In the past, the Yankees would just offer the best player in the game at a position of need more money than they could refuse. That player would sign, the roster would improve, and they would instantly compete for another World Series title.

According to media reports, the team may be looking to do just that once again. Rumor has it the Yankees want Gerrit Cole and will do whatever it takes to sign him.

So—what will it take to sign arguably one of the best young pitchers in baseball?

Thanks to Stephen Strasburg— a Whole Lot More

There had been rumors that the Yankees were going to make Cole an offer that would make him the highest-paid pitcher in the history of the game, seven years for $245 million. At $35 million AAV, he would edge out the current record holder, Zach Greinke, by $600,000.

But then the Washington Nationals had to go and sign Stephen Strasburg to a seven-year, $245 million deal.

Just like that, the price for Gerrit Cole went up. According to one reporter, the Yankees offer is going to be between $290-300 million over eight years. But if the Angels are just as serious about signing Cole, the final price tag is going to be a whole lot higher.

Is Gerrit Cole Worth It to the New York Yankees?

The Yankees may have no choice but to break the bank to sign Cole.

The offense is not a problem in New York. They have been either first or second in runs scored in each of the last three seasons. But despite their offensive prowess, each season ended in the ALCS.

The pitching staff, however, has regressed the last few years, going from having the fifth-best ERA in the game in 2017 (3.72) to the tenth best in 2018 (3.78). Last season, they dropped down to 14th (4.31).

Injuries did play a factor, which was evident when the rotation was relatively healthy in the postseason (2.87 ERA in nine games). Masahiro Tanaka and Luis Severino were excellent in the postseason, but the Yankees didn’t have a great third starter. James Paxton was reliable, but not tremendous.

If New York signs Cole and the roster can remain relatively healthy, even the Astros’ sign-stealing schemes may not be enough to keep the Yankees from winning the World Series next year.

Josiah Wilmoth edited this article for If you see a breach of our Code of Ethics or Rights and Duties of the Editor or find a factual, spelling, or grammar error, please contact us.

Last modified: January 22, 2020 11:41 PM UTC

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Travis Pulver @FatManWriting

Travis graduated from Ball State University in Muncie, Indiana, with a master's in Political Science. Prior to that, he attended IU Purdue in Indianapolis, Indiana, where he earned his bachelor's degree in Political Science and earned his first degree at Texas A & M in Galveston, TX, a BS in Maritime Administration. You can contact him on Twitter at @FatManWriting. Over the last few years, Travis has worked for several news-oriented sites that focused on sports, especially football, baseball, basketball, and to a lesser extent, boxing and MMA. Having grown up in the football-crazed state of Texas, football is his first love. According to his mother, he was more excited to watch NFL and college games as a baby than Sesame Street or Mickey Mouse. His passion for sports quickly spread to baseball (favorite team is the Houston Astros), basketball, and track and field as a kid. It wasn’t until his college years that he discovered the tremendous game of rugby. He currently lives in the United States in Indiana (is a basketball fan but hates going to the Indy 500) with his wife and two adorable kids.