Yankees Sign Gerrit Cole to Megadeal

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Yankees Sign Gerrit Cole to Megadeal
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The Yankees signed Gerrit Cole to the largest free-agent pitching contract in history, worth $324 million over nine years

SAN DIEGO—The forces that led to the collapse of baseball’s employment market over the past two winters are powerful. The data revolution has eliminated nearly all emotion from decision making in favor of ruthless efficiency.

A pack of rebuilding teams has created a barren competitive landscape and a decrease in leaguewide attendance for four consecutive seasons. Competent veterans have struggled to land jobs at the price they once did—if they can find work at all.

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