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,

SAN ANTONIO — The New York Yankees declined to give ace Gerrit Cole a contract extension by Monday’s deadline, but Cole ultimately decided that he didn’t want to leave as a free agent anyway and is staying with the Yankees for at least the next four ...

Gerrit Cole will remain with the Yankees rather than become a free agent as the sides work on a revised contract, sources said.