On Saturday, New York Yankees ace Gerrit Cole opted out of his contract with the team, as ESPN's Kiley McDaniel and Jeff Passan first reported.Cole had four-years, $144 million remaining on his deal,

Gerrit Cole opted out of his contract with the New York Yankees, who now have two days to void his decision by adding a $36 million salary for 2029, reportedly.

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,