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Yankees target Stephen Strasburg signs record deal with Nationals as Gerrit Cole’s price rises

Stephen Strasburg has agreed to a seven-year deal with the Nationals worth $245 million, reports Jeff Passan of ESPN. It is a record deal for a pitcher that will also have ramifications when it comes to Gerrit Cole‘s market.

The deal includes a full no-trade clause and does not have any opt-outs, reports Tim Brown of Yahoo.

Stephen Strasburg (Tommy Gilligan)

The Yankees met with Strasburg and Cole last week, though they have been focused on Cole. According to SNY’s Andy Martino, the Yanks have back-burnered other business in an effort to complete the Cole negotiations.

It was reported on Sunday by Bob Klapisch of the New York Times that the Yankees had a seven-year offer worth $245 million on the table for Cole.