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”Clearly the longer the deals, the more risk you have," he said. “There's been examples where we've done long long-term deals and it's backfired and hasn't paid off. We've done long-term deals where we're we had benefits."

Gerrit Cole signs with Yankees 9-year, $324 million record contract →

”Clearly the longer the deals, the more risk you have," he said. “There's been examples where we've done long long-term deals and it's backfired and hasn't paid off. We've done long-term deals where we're we had benefits."

AP source: Yanks land ace Cole on record $324M, 9-year deal →

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