Gerrit Cole gave up his opt-out right on Monday and will remain with the New York Yankees under a contract that runs through 2028 rather than become a free agent. New York's ace initially exercised his right to terminate the $324 million,

The Yankees didn't give Gerrit Cole a contract extension, but the ace decided he didn't want to leave as a free agent anyway.

The Yankees have a decision to make regarding ace Gerrit Cole, who opted out of the rest of his contract on Saturday.