MLB teams are in a spending freeze — and it’s about to get colder

  • Senior writer ESPN Magazine/
  • Analyst/reporter ESPN television
  • Author of “The Last Night of the Yankee Dynasty”

At the contractual rate of roughly $1.1 million per start, Gerrit Cole is in line to make $20 million by August, if baseball has a full season at full pay this year. So it says a lot about how slow this offseason has been that two-and-half months into this winter, there has been exactly one free-agent signing of an MLB veteran worth $20 million.

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