Thank You, Federal Reserve: Yankees Make Record-Breaking Contract Offer of $245 million

Gerrit Cole

 The New York Yankees have reportedly offered free agent Houston Astros pitcher Gerrit Cole a seven-year deal worth $245 million, per Bob Klapisch of the New York Times.

But there is some speculation that the Los Angeles Dodgers or the Los Angeles Angeles could make him an even bigger offer.

Cole's thrown at least 200 innings in each of the past three seasons, accumulating a 3.20 ERA (136 ERA+) and 4.78 strikeout-to-walk ratio.

During the same three years, the Federal Reserve has pumped more than $2 trillion into the system.

-RW