MLB rumors: Yankees make signing free agent Gerrit Cole top priority

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Gerrit Cole is far and away the gem of the 2019 MLB free-agent class.

The former Pirates and Astros ace led the American League in both ERA and strikeouts last season and finished just behind teammate Justin Verlander in the AL Cy Young Award race.

The team that historically always has had the deepest pockets in baseball -- the New York Yankees -- have made Cole a priority in free agency, ESPN’s Jeff Passan reported Thursday, citing a source.

Cole is a Southern California native with familial ties to the Giants, a team that also features one of the most pitcher-friendly ballparks in the MLB. San Francisco also has been mentioned as a destination for the ace, who reportedly desires a return to the West Coast.

But if the Yankees, who always have jumped to outbid every other team for talent in free agency, decide to back up the proverbial Brinks truck for the 29-year-old, the Giants might be swiftly eliminated from contention for Cole.

Reports indicate that Cole’s price tag will “shatter” the record set by David Price when he signed a $217 million contract with the Boston Red Sox in 2015.

[RELATED: Report: Giants targeted UGA's pitching coach for same role]

While San Francisco has plenty of money to spend this offseason, it likely won’t engage in a bidding war that could approach $300 million.

Even if longtime Giant and current free agent Madison Bumgarner elects to go elsewhere in free agency, it remains to be seen how much money San Francisco would be willing to shell out for an elite talent like Cole in the heart of his prime.

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