Gerrit Cole

SP · R/R · age 36 · NYY

XIX-A10-AND-5OCTOBER OK

Roster status
ACTIVE
Service thru 2025
12+111
Service now / projected
13+111 / 13+111
Option years left (2026)
3
Assignments left this season
5 of 5
Contract (2027)
SIGNED THRU 2028
Acquired
Free Agent (HOU) Dec'19
Outrighted / DFA'd before
0 / 0
Contract
9 yr, $324M (2020-28); Full no-trade clause

Next 90 days, by the model

Stays put
98%
Designated
<1%
Optioned
<1%
Traded
2%
Released or non-tendered
<1%

Pushing the cut risk around: this season's WAR (1.92) lowers it, age (36.02) raises it, this season's innings (115.10) lowers it.

Context the model does not weigh: ZiPS projects 1.8 WAR, 1.9 WAR this season; 9 SP on the 40-man.

Trained on every 40-man roster snapshot since 2011 and what happened in the following 90 days; it sees roster status, options, service, history and last season's line, not this season's performance or the club's intentions. How well it does.

Is there a job for him next year?

NYY returns 9 SP on the 40-man once nobody leaves; about 8 SP jobs survive a normal winter. By his own recent record he ranks 4th among the returners (1.9 WAR against a bar of 0.2), which the calibrated model turns into 100% kept through the tender deadline. Ranked by ZiPS and Steamer instead, which credit his longer track record, he is 3rd (1.9 WAR, bar 0.7), worth 99% kept on the same model.

By recent record: returning SPProj. WAR
1. Cam Schlittler3.5
2. Max Fried3.1
3. Carlos Rodon1.9
4. Gerrit Cole1.9
5. Ryan Weathers1.8
6. Clarke Schmidt1.7
7. Will Warren1.5
8. Elmer Rodriguez-Cruzlast job0.2
9. Brendan Beck-1.1
By ZiPS / Steamer: returning SPProj. WAR
1. Max Fried3.7
2. Carlos Rodon2.2
3. Gerrit Cole1.9
4. Cam Schlittler1.9
5. Will Warren1.7
6. Ryan Weathers1.2
7. Clarke Schmidt0.8
8. Elmer Rodriguez-Cruzlast job0.7
9. Brendan Beck0.6

Departing free agents are excluded; players on club, mutual or player options are counted as returning. The kept probability is calibrated on every September since 2012 using the recent-record projection; the ZiPS/Steamer reading uses the same model with a different ranking, so treat it as a second opinion rather than a calibrated number. Salary enters once arbitration projections publish in October.

October: Post-season eligible

On the 40-man before noon ET Sep 1. He stays eligible as long as he remains on the 40-man or 60-day IL through the post-season; an outright after the cutoff would end automatic eligibility.

The post-season eligibility list is fixed at noon ET on September 1: everyone on the 40-man, the 60-day IL or the military list at that moment, who then stays there without interruption. Attachment 25 (Major League Rule 40)

What happens if the club…

option him to the minorsBLOCKED
Not without his consent: with five years of service he can refuse the assignment or elect free agency instead. The club's only unilateral moves are to keep him, trade him, or release him.
Article XIX-A: five years, no forced assignment
designate him for assignment (or put him on outright waivers)
The club has 7 days to trade him, pass him through outright waivers, or release him; he is paid at the major-league rate and keeps accruing service in the meantime. On outright waivers any club can claim him for $50,000, worst record first, and the claiming club takes his contract (9 yr, $324M (2020-28)). If he clears, he cannot be outrighted without his consent: he can refuse and force a release with his contract intact, or elect free agency (forfeiting termination pay). Post-season: an outright after the September 1 cutoff ends his automatic eligibility. He could only return as an approved injury replacement, and only if he accepts the outright and stays on a minor-league reserve list in the organization without interruption; a release makes him ineligible for anyone this October. With real money left on the contract a claim is unlikely; the usual outcome is clearing waivers, then release, with the club paying the balance less what a new club pays him.
Designated for assignment: 7 days · Outright waivers · Article XIX-A: five years, no forced outright
release him
Release waivers cost a claiming club $1 but the claimant assumes the whole contract, so expensive players clear. The club owes the full unpaid balance of this season's salary, offset by whatever another club pays him this year. The guaranteed years remain owed in full. A released player is not post-season eligible for any club this year.
Release waivers and termination pay · Which rate a split contract pays at release
trade himBLOCKED
Not now: players on major-league contracts cannot be traded after the Aug 3 deadline until the day after the World Series.
Trade deadline · 10-and-5 rights · June 15 no-trade for free-agent signees
Let the season end
Under contract (9 yr, $324M (2020-28)): nothing to decide this winter. Moving him later means trading the contract or releasing him and paying the guaranteed years in full.
Release waivers and termination pay

What the rules say about him

Option years, season by season

SeasonDays on optionOption year usedStints
20143no (under 20)Aug 29, 2014 to Sep 1, 2014 (3d)

Transaction log

May 22, 2026Status changeNew York Yankees activated RHP Gerrit Cole from the 15-day injured list.
Mar 25, 2026Status changeNew York Yankees placed RHP Gerrit Cole on the 15-day injured list. Tommy John surgery recovery.
Nov 6, 2025Status changeNew York Yankees activated RHP Gerrit Cole from the 60-day injured list.
Mar 22, 2025Status changeNew York Yankees placed RHP Gerrit Cole on the 60-day injured list. Tommy John surgery recovery.
Jun 19, 2024Status changeNew York Yankees activated RHP Gerrit Cole from the 60-day injured list.
Mar 28, 2024Status changeNew York Yankees placed RHP Gerrit Cole on the 60-day injured list. Right elbow inflammation.
Aug 16, 2021Status changeNew York Yankees activated RHP Gerrit Cole from the 10-day injured list.
Aug 3, 2021Status changeNew York Yankees placed RHP Gerrit Cole on the 10-day injured list.
Dec 18, 2019Signed as free agentNew York Yankees signed free agent RHP Gerrit Cole.
Dec 18, 2019Signed as free agentNew York Yankees signed free agent P Gerrit Cole.
Oct 31, 2019Declared free agentRHP Gerrit Cole elected free agency.
Jul 14, 2018Status changeHouston Astros activated RHP Gerrit Cole from the bereavement list.
Jul 10, 2018Status changeHouston Astros placed RHP Gerrit Cole on the bereavement list.
Jan 13, 2018TradedPittsburgh Pirates traded RHP Gerrit Cole to Houston Astros for 3B Colin Moran, LF Jason Martin, RHP Joe Musgrove and RHP Michael Feliz.
Nov 4, 2016Status changePittsburgh Pirates activated RHP Gerrit Cole from the 60-day disabled list.
Sep 13, 2016Status changePittsburgh Pirates placed RHP Gerrit Cole on the 60-day disabled list. Right elbow posterior inflammation.
Sep 12, 2016Status changePittsburgh Pirates activated RHP Gerrit Cole from the 15-day disabled list.
Aug 29, 2016Status changePittsburgh Pirates placed RHP Gerrit Cole on the 15-day disabled list retroactive to August 25, 2016. Posterior inflammation of right elbow.
Jul 16, 2016Status changePittsburgh Pirates activated RHP Gerrit Cole from the 15-day disabled list.
Jun 14, 2016Status changePittsburgh Pirates placed RHP Gerrit Cole on the 15-day disabled list retroactive to June 11, 2016. Right triceps muscle strain.
Oct 2, 2014Status changePittsburgh Pirates activated RHP Gerrit Cole.
Sep 1, 2014RecalledPittsburgh Pirates recalled RHP Gerrit Cole from Bristol Pirates.
Aug 29, 2014OptionedPittsburgh Pirates optioned RHP Gerrit Cole to Bristol Pirates.
Aug 20, 2014Status changePittsburgh Pirates activated RHP Gerrit Cole from the 15-day disabled list.
Jul 9, 2014Status changePittsburgh Pirates placed RHP Gerrit Cole on the 15-day disabled list retroactive to July 5, 2014. Right lat soreness
Jun 28, 2014Status changePittsburgh Pirates activated RHP Gerrit Cole from the 15-day disabled list.
Jun 8, 2014Status changePittsburgh Pirates placed RHP Gerrit Cole on the 15-day disabled list retroactive to June 4, 2014. Right shoulder fatigue
Jun 11, 2013Contract selectedPittsburgh Pirates selected the contract of RHP Gerrit Cole from Indianapolis Indians.
Aug 15, 2011SignedPittsburgh Pirates signed RHP Gerrit Cole.

Service through 2025 per FanGraphs RosterResource; options and this-season service reconstructed from the MLB transaction log (reconstruction; FanGraphs shows n/a). Rule 5 exposure deadline Nov 17, 2026.