Just a few weeks ago, the New York Yankees had the chance to either extend Gerrit Cole (and re-work his deal) or simply tack on one extra year for $36 million after the star right-hander exercised his opt out clause.

The New York Yankees were able to retain their ace Gerrit Cole without adding another year to his contract this offseason, but team owner Hal Steinbrenner

The Yankees' ace will remain on the team with his four-year contract, but there's still a possibility of that being extended.

After the World Series, New York Yankees star pitcher Gerrit Cole made use of a clause on his contract to get out of it. In the winter of 2019, Cole had signed a nine-year, $324 million deal with the Yankees,