The Boston Red Sox may be looking to cut their payroll this offseason. But that doesn't mean that their rivals will be too.
In fact, some may spend big. And that includes the New York Yankees.
The Yankees have been reportedly interested in free-agent pitcher Gerrit Cole. The former Houston Astro is expected to get a lot of money on the open market, and according to Bob Klapisch of the New York Times, the Yankees have made a record-setting offer for his services.
This would be a big signing for the Yankees, as they could use another top-tier pitcher for their starting rotation. And Cole would certainly fill that need.
Cole, 29, had one of the best seasons of his career for the Astros, logging a 20-5 record and posting a 2.50 ERA. He also struck out a league-best 326 batters and helped the Astros win the American League pennant.
While the Yankees offer is on the table, they are still competing with the Los Angeles Dodgers and the Los Angeles Angels to earn his services, as Klapisch noted. We'll see if this offer is enough or if any of the teams involved in the sweepstakes up the ante.
And while the Yankees chase after Cole, the Red Sox are weighing some moves of their own. According to the latest rumors, they are expressing interest in a reunion with Rick Porcello.
Click here to download the new MyTeams App by NBC Sports! Receive comprehensive coverage of your teams and stream the Celtics easily on your device.
MLB Rumors: Yankees offer Gerrit Cole a record contract originally appeared on NBC Sports Boston