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Yankees To Re-Sign Brett Gardner

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The Yankees have struck a deal with outfielder Brett Gardner, per George A. King III of the New York Post (via Twitter). It’ll pay him a guaranteed $12.5MM. There’s a $2MM signing bonus and $8MM 2020 salary, per MLB.com’s Mark Feinsand (via Twitter). The Yanks also have a $10MM club option in 2021, per MLB.com’s Bryan Hoch (Twitter link), with the alternative of a $2.5MM buyout (via King, on Twitter).

There was never much doubt that Gardner would end up returning to New York. The 36-year-old has already been with the club for a dozen seasons and has been rumored all offseason to be in talks for another. Gardner reportedly drew multi-year interest from other organizations but evidently didn’t have much appetite for change at this point in his career.

It is easy to overlook just how big a role Gardner has played over the years for the Yanks. Excepting his injury-ravaged 2012 campaign, he has appeared in at least 140 games for the team in every season for the past decade. Gardner is one game and five plate appearances shy of tallying 1500 games-played and six thousand PAs with the Bronxn Bombers.

The formula remains much the same now as ever. Gardner is an outstanding defender and baserunner who has consistently delivered league-average offensive production. He has grown into power over the years, though it remains to be seen whether he can repeat last year’s career-high 28 long balls and .503 slugging percentage. (Those stood out even in a year of leaguewide power enhancement.)

The Yankees will certainly need Gardner quite a bit out of the gates with Aaron Hicks slated to miss time. Just how roles will be sorted once Hicks is back will remain to be seen. The health and performance statuses of quite a few other players — including sluggers Aaron Judge and Giancarlo Stanton — will surely factor heavily. Having the dependable Gardner, along with 2019 breakout performer Mike Tauchman, will leave the Yanks plenty of options for filling in or mixing and matching if and when the roster is at full strength.

Photo courtesy of USA Today Sports Images.

Yankees, Dodgers, Mets Reportedly In Market For Josh Hader

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With the top end of the relief market going off the board early, teams looking for elite pen arms have been eyeing trade possibilities. The most intriguing of those: star Brewers lefty Josh Hader, who was recently reported to have been made available in talks. Ken Rosenthal of The Athletic recently updated the market situation (subscription link).

Left-handed American League East hitters will be particularly distraught to learn that the Yankees “have been the most active pursuer” of Hader. The Yanks already possess two dynamic southpaws in Aroldis Chapman and Zack Britton. Having already brought in Chapman and Gerrit Cole this offseason, a move for Hader would make a stunning trifecta of high-powered arms.

Other clubs have also put in calls to Brewers GM David Stearns. The list includes the Dodgers and Mets, according to Rosenthal. No doubt a variety of other organizations are also checking in to see whether it might be possible to structure a mutually agreeable trade. Hader could take over as a traditional closer or function as a roving high-leverage out-getter, as suits a given team’s preferences.

Hader’s appeal lies not only in his strikeout-producing left arm, but also his age (26 in April) and contract rights. He’s controllable for four more seasons through the arbitration process. Those won’t come cheap, as Hader projects to earn $4.6MM as a Super Two and could yet attempt to argue for more in a high-stakes hearing. (A prior attempt to shake up the arb system for relievers didn’t work out for Dellin Betances, though Hader has more saves to his record.) Still, it’s a far sight shy of what it would cost to acquire a similar pitcher on the open market — not that it’s even possible to do so.

AL News & Rumors: Yanks, Gardner, Tigers, Chirinos, ChiSox, Rangers

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Optimism continues to build regarding a potential agreement between the Yankees and free-agent outfielder Brett Gardner. The Yankees are “hopeful” they’ll finalize a contract soon, Jon Heyman of MLB Network tweets, and Joel Sherman of the New York Post adds that the two sides are “far down the line” in negotiations. With center fielder Aaron Hicks set to miss a large portion of next season after undergoing Tommy John surgery and the Yankees having no established in-house replacements, the need for Gardner – the most accomplished CF option in free agency – is obvious. Although he’ll turn 37 years old in 2020, Gardner remains a valuable all-around contributor and a revered clubhouse presence.

Here’s more on New York and a few other AL clubs:

  • The Yankees agreed to sign ace Gerrit Cole on Tuesday. Now they’re interested in free-agent catcher Martin Maldonado, who caught Cole 10 times last season in Houston, Mark Feinsand of MLB.com reports. If he goes to the Yankees, Maldonado would presumably replace Austin Romine – who’s a free agent – and serve as a defensively gifted backup to slugging catcher Gary Sanchez.
  • Fellow catcher Robinson Chirinos, who was teammates with Maldonado in Houston, has drawn widespread interest on the open market. The Rockies were already just put on the board along with the Rangers, Astros, Tigers, Rays, and Pirates. You can add the Tigers to the still-growing list of teams eyeing Chirinos, MLB.com’s Jon Morosi tweets. It’s no surprise Detroit’s in on Chirinos, as he may be the top catcher left and general manager Al Avila has made it known the team’s serious about finding an upgrade behind the plate.
  • Any catcher the Tigers sign will be managed by Ron Gardenhire next season, but his future’s murkier thereafter. Gardenhire doesn’t have a contract for 2021, and it doesn’t sound as if he’ll be signing an extension this winter. The 62-year-old said Wednesday that he won’t discuss a new deal with Avila until after next season, per Jason Beck of MLB.com. It’s possible, though, that the Tigers will choose to go in another direction by then.
  • Several teams have shown interest in free-agent outfielder Kole Calhoun, who hit the market when the Angels declined his pricey 2020 option after the season. It turns out the White Sox had been involved in the race, but they’re now out after acquiring fellow outfielder Nomar Mazara from Texas on Wednesday, according to Bruce Levine of 670 The Score. Between Mazara and Eloy Jimenez, Chicago no longer has a need for a starting-caliber corner OFer.
  • The Rangers acquired outfield prospect Steele Walker from Chicago in exchange for Mazara. One day into his tenure with the Rangers organization, Walker has garnered almost as many calls from interested teams as Mazara generated, according to general manager Jon Daniels (via Levi Weaver of The Athletic). However, Daniels added the Rangers do not intend to flip the 23-year-old Walker elsewhere.

AL East Notes: Yankees, Gardner, Red Sox, Luxury Tax, Rays, Relocation

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Now that the ink on Gerrit Cole’s contract is dry, Brett Gardner may be next on the docket, per the SNY Network’s Andy Martino. Though there’s no explicit mention of the Yankees, it’s easy to presume Gardner will return to the Bronx for a thirteenth season. At 35-years-old, Gardner had perhaps the best season of his career in 2019, and he did so while capably manning centerfield for much of it. The slap-hitting Gardner put forth an uncharacteristic power display, smashing 28 home runs with a .503 SLG – just the fourth time he’s ever slugged over .400 and the first time he’s ever eclipsed the .430 SLG mark. Before we get sucked into Yankee-mania again, let’s take a look at what’s happening elsewhere in the AL East…

  • The incentives for the Boston Red Sox to slip under the luxury tax line in 2020 are manyfold, per Alex Speier of the Boston Globe. Because of higher penalties for repeat offenders, Boston could save themselves close to $100MM in tax penalties over the course of the next three seasons. Of course, to do so, they’ll need to get under the $208MM tax line. Another benefit takes into account a worst case scenario. Should Mookie Betts sign elsewhere as a free agent next year, the Red Sox could improve their compensation from a pick after the fourth round to a pick after the second round. They could also miss out on a potentially hefty revenue sharing rebate that will come from the phase out of Oakland’s revenue-sharing subsidies. Oakland’s market size has been superseded by lack of revenue, thus placing them among the revenue-sharing recipients, but their free ride is coming to an end. That money will be dispersed among the large-market, revenue-sharing contributors, perhaps proportionately so. That would be a boon for the Red Sox, but they risk forfeiture of the reward if they continue to spend over the tax. Hence, the David Price auction rolls ever onward.
  • The once far-fetched idea of splitting time between Florida and Montreal now may be the only way the Rays maintain a presence in Tampa Bay, per Marc Topkin of the Tampa Bay Times. The timeshare agreement won’t likely take effect until 2028. If an agreement can’t be put in place, principal owner Stuart Sternberg is more likely to find a new location for the Rays or sell the team to someone else who will. A full-time move to Montreal is not in the cards, should Sternberg keep the team, as he thinks there are better full-time markets available. Which markets, exactly, is not yet clear. If this timeshare agreement doesn’t come together, however, the Rays may start the search for a new home in earnest. There are many potential snags to the timeshare plan, one of which is that new stadiums would likely have to be built in both markets. It’s hard to imagine how building two stadiums roughly 1,500 miles apart is the best solution, but that’s the plan for now.

Fallout Notes After Gerrit Cole Signing: Blue Jays, Angels, Pettitte, Dodgers, Bumgarner

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Much will come to light in the coming days now that the Yankees have officially given Gerrit Cole the largest deal in league history for a pitcher – but even now, mere hours from the revelation, the news is starting to sink in. The rest of the pitching market could unstick rather quickly, and the Blue Jays are having to factor in their new reality of having to face Cole four or five times a year for the next decade, writes Ben Nicholson-Smith of sportsnet.ca. Of course, what better way for Vlad Guerrero Jr., Bo Bichette and friends to push themselves to reach their massive potentials than by facing off with the best of the best. Of greater concern for Toronto is who will take the mound on their side in 2020. With the biggest names now off the board, interest will pick up for the next tier of free agent starters, guys like Hyun-Jin Ryu and Dallas Keuchel, in whom Toronto has shown interest. Those who missed out on Cole may up the ante for the next round, however, putting the Blue Jays’ realistic options more in the field of Tanner Roark, Rick Porcello, or Wade Miley. They could even lend a helping hand to the Yankees by taking back J.A. Happ if a prospect(s) came along with him. Let’s see what else folks are saying here in the wee hours of life in our bleak new post-Cole-sweepstakes reality…

  • The winners and losers of Cole’s mega contract are fairly obvious, but The Athletic’s Ken Rosenthal makes the rounds anyway, starting with the Yankees – the biggest winners here (besides Cole and maybe Scott Boras) for finally reeling in their “white whale.” The Angels come away from the Cole saga disappointed, but it’s not all bad for the Halos. They have more need than could have been filled by Cole alone. As tantalizing a talent Cole is, they may be better off spreading their money around. Now that the Giants took Zack Cozart’s deal off their hands, they might have enough resources to buy a supporting cast for Mike Trout.
  • It’s easy to view the Yankees’ winning bid as a harkening back to the days of New York as the evil empire, but the reality is actually much more frightening, per The Athletic’s Marc Carig. He writes, “The Yankees are well-run, well-heeled and well-schooled in the art of reeling in the big fish.” True enough: this was no impulsive spending spree. The Yankees, like much of the league, have curbed their shopping addictions and learned to spend wisely. As a result, they should enter 2020 as favorites to win the American League. Oddly, for years it was expected that Bryce Harper and Manny Machado’s free agency would wake the dormant goliaths from their winter slumber, but it turned out to be Cole who not only made the notoriously judicious Andrew Friedman plead his case for the Dodgers, but who prompted the Yankees to shake off the rust and woo their western rival’s star player like the old days.
  • Speaking of: Andy Pettitte played a role in evangelizing on behalf of New York’s lifestyle benefits. He encouraged Cole about playing in New York as a benefit for his peace of mind, per Joel Sherman of the New York Post. Pettitte’s point was that Cole could focus himself on the task of winning titles, as the playoffs should be an annual guarantee (or at least strong possibility). Of course, the Dodgers and Astros could have made the same argument about their squads.
  • The Dodgers, it’s worth noting, made a real push for Cole. Among 324 million other reasons, however, Cole came away from his meeting with New York impressed with new pitching coach Matt Blake, who appealed to Cole’s interest in the intellectual side of the game, noted Carig. Of course, Cole also grew up a Yankees fan, which might have tipped the scale in the Yankees’ favor in a way that the Dodgers simply couldn’t answer. Now that the dust has settled, the Dodgers are moving on to the goal of convincing Madison Bumgarner to make the heel turn and join an already strong rotation in Chavez Ravine, tweets Rosenthal.

Gerrit Cole Rumors: 12/10/19

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Where’s Gerrit Cole going to land? That’s what everyone wants to know. We’ve got a poll going this morning, but otherwise we’re eagerly awaiting the day’s news on the top free agent.

We’ll track the chatter here …

  • The Cole sweepstakes is closing in on an ending, reports Heyman, who adds it would take “a major upset” for him to sign with someone other than the Yankees, Angels or Dodgers.

Earlier Reports

  • There is “serious and intense” bidding going on for Cole, who looks more and more likely to reach an agreement at the Winter Meetings, Heyman tweets. It’s “likely” the Astros and the Giants are the mystery clubs in the Cole derby, per MLB.com’s Mark Feinsand, though the sources he has spoken with have cast on doubt on the hurler ending up with either team. That seemingly leaves the Yankees, Angels and Dodgers to fight it out for Cole.
  • The Astros may be one of the mystery teams, per the New York Post’s Joel Sherman, who writes that they’re considering making a late charge to re-sign Cole. He was, of course, an enormously important part of the Astros’ pitching staff from 2018-19, and owner Jim Crane said last month the team would at least make an effort to keep him. Keeping Cole would likely at least push the Astros over the second level of the luxury tax ($228MM), as Sherman notes, but the reigning AL champions do have some holes in their rotation with him and Wade Miley as free agents. Perhaps a desire to keep Cole, AL Cy Young winner Justin Verlander and Zack Greinke together atop the Astros’ staff will drown out any tax concerns for Crane.
  • Agent Scott Boras confirmed recent reports that indicate a deal could come together quickly. He told reporters gathered for his annual media scrum that a decision may come “in the short term,” as MLB.com’s Bryan Hoch reports (Twitter links). Boras also says there are two mystery teams involved in Cole’s market, though it’s not evident just what constitutes a mystery team from his perspective.
  • Cole’s major pursuers are known (Angels, Yankees, Dodgers), along with a few lurkers (Rangers, Phillies). But there’s also a mystery team involved, according to Jon Heyman of MLB Network (via Twitter). Heyman himself casts doubt upon the legitimacy of this unidentified organization, noting that it is difficult to envision a new entrant to the market vaulting past the existing bidders. Indeed, it is quite difficult to peg a serious bidder among the remaining teams around the league. There are certainly other contenders that would love to add Cole, but in every case there’s reason to question the plausibility. That said, there have been surprises in the past and nothing can be ruled out entirely until there’s a team announcement on a signing.
  • Henry Schulman of the San Francisco Chronicle notes (via Twitter) that he has been given reason to believe that the Giants would represent “a desirable destination” from Cole’s perspective. But he says he is not aware whether the team is involved and cautions that he has no reason to believe the San Francisco organization is a serious possible landing spot for the right-hander.

Report: Yankees “Actively” Trying To Trade J.A. Happ

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DECEMBER 10: The Blue Jays have explored the possibility of a reunion with Happ, Andy Martino of SNY.tv reports (Twitter links). The Brewers are said to be among the National League clubs with some level of interest.

DECEMBER 9: Twelve months ago, the Yankees made veteran left-hander J.A. Happ one of their key offseason signings. After a solid 2018 divided between the Blue Jays and Yankees, New York re-upped Happ to a two-year, $34MM contract. Now, the club is “actively” seeking a taker on the trade market for the 37-year-old Happ, Joel Sherman of the New York Post reports.

The fact that the Yankees want to get out of the Happ deal isn’t particularly surprising, considering he’s slated to count $17MM against the luxury tax next season. If the Yankees succeed in signing right-hander Gerrit Cole, the No. 1 free agent on the board and someone who has a shot at a $300MM-plus contract, moving some portion of Happ’s money could help them avoid the highest level of the luxury tax ($248MM). As things stand, it seems probable they’ll blow past the first level of $208MM and likely surpass the second penalty of $228MM, Sherman notes.

In moving Happ, the Yankees would obviously be selling low. While Happ has long been a quality starter in the majors, things didn’t go well last season. Even though Happ did close on a good note during the final month of the regular campaign, he still ended the year with a subpar 4.91 ERA/5.22 FIP and 7.81 K/9 against 2.73 BB/9 over 161 1/3 innings. Going forward, Happ’s contract includes a $17MM vesting option for 2021 if he totals 165 innings or 27 starts next year. With those factors in mind, the Yankees don’t figure to have an easy time finding someone to take Happ off their hands.

Gerrit Cole Seeking Massive Free Agent Contract

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9:40pm: The Angels and Boras “have had multiple ’ownership-level’ meetings” regarding Cole, Jeff Fletcher of the Orange County Register writes.

6:53pm: Yankees general manager Brian Cashman is “coming with the offer for Cole today,” Heyman tweets. Bob Klapisch of the New York Times reported over the weekend (link below) that New York was preparing a seven-year, $245MM proposal.

5:28pm: Expectations are that Cole will indeed go past the $300MM mark, per the New York Post’s Joel Sherman, who names nine years and $324MM as “not a bad over/under” for Cole’s next deal.

3:13pm: After securing a stunning, $245MM deal for Stephen Strasburg, Boras is on the hunt for an even larger-than-expected payday for Cole.

The goal is for a nine or ten-year pact, per Heyman (via Twitter). The $300MM level “is well within reach,” per the report, with even greater earnings “certainly possible” at this point.

It is believed that the bidding on Cole will come to a head in the coming days, MLB.com’s Jon Morosi tweets. That could set the stage for an old-fashioned Winter Meetings auction of the kind we haven’t seen in some time.

1:07pm: Free agent ace Gerrit Cole continues to be the center of attention as the game of baseball gathers up in San Diego for the Winter Meetings. We’ve yet to seen any seismic news with respect to his market situation, but there’s good reason to believe we’ll see significant developments in the coming days.

Cole’s agent, Scott Boras, informed teams that his client would like to consider offers beginning right away, The Athletic’s Jayson Stark writes (subscription link). The hurler “has been aggressively involved in setting the timing of these talks,” writes Stark, and it seems he’s not interested in a protracted courtship.

While Cole isn’t looking to drag this process out for the next several months, he’s not going to limit his options at the outset. While some geographical preference had been anticipated — Cole, as you’ve no doubt heard, has deep ties to California — it has become increasingly clear that he won’t restrict himself to one coast.

The word now is that Cole “will go with the best value/deal regardless of geography,” Jon Heyman of MLB Network tweets. That certainly leaves the door wide open for the Yankees, who are reportedly preparing to put a big number in front of Cole, but it’s far from a done deal. It’s rumored that the Angels, Dodgers, Phillies, and Rangers are also in the hunt and it remains to be seen which team will separate itself from the pack.

With big-budget organizations pushing hard for Cole, the industry chatter continues to buzz with the likelihood of a record-setting deal. The only question seems to be just how many contractual records will be knocked over and to what extent, as Stark writes. MLBTR predicted a $256MM contract entering the offseason.

AL Rumors: Yanks, Gardner, Dellin, Rays, A’s, Hill, Shaw, Jays, BoSox

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Multiple teams are showing interest in free-agent outfielder Brett Gardner on a multiyear contract, Jon Heyman of MLB Network reports. However, Gardner continues to prefer re-signing with the Yankees, according to Heyman, who adds that the two sides are “still talking.” Indeed, as of a few days, Gardner and the Yankees were continuing to negotiate a new contract. Should they reach an agreement, the 36-year-old Gardner would continue as the longest-tenured player on the Yankees’ roster. Until then, he’ll remain as arguably the most appealing center field-capable player on a market which is weak in that regard.

  • Sticking with the Yankees, they’ve “engaged” with another of their longtime contributors, free-agent reliever Dellin Betances, Jack Curry of the YES Network tweets. But so have one of their division rivals, the Rays. Wherever Betances ends up, it’s “likely” he’ll sign a one-year contract in an effort to rebuild his value, per Curry. Although the 31-year-old Betances is one of the game’s most successful relievers in recent memory, injuries to the right-hander’s shoulder, lat and Achilles prevented him from making any meaningful contributions in 2019. Nevertheless, MLBTR expects Betances to land a $7MM payday over one year (with the Rays).
  • The Athletics are showing interest in Royals southpaw Tim Hill, Susan Slusser of the San Francisco Chronicle reports. This isn’t the first trade chatter we’ve heard on the 29-year-old, who turned in 39 2/3 innings of 3.63 ERA ball last year. Why the interest from AL contenders in a player that most fans have never heard of? Hill didn’t carry overwhelming overall K/BB numbers (39:13), but did generate a healthy 29.2% K rate against righties while delivering an excellent 57.3% groundball rate. That combination of tools is all the more interesting given the soon-to-be-minted three-batter minimum rule.
  • Free-agent infielder Travis Shaw, on the market since the Brewers let him go at the non-tender deadline a week ago, has garnered interest from the Blue Jays, Jon Morosi of MLB.com relays. Additionally, Chris Cotillo of MassLive.com relays that the third baseman/second baseman has expressed a willingness to return to the Red Sox, his first MLB team, though it’s unclear if they’re open to a reunion. Shaw, whom the Red Sox traded to the Brewers in December 2017, had a pair of highly productive years in Milwaukee before his numbers fell off a cliff this past season. That caused the Brewers to move on from Shaw, leaving the 29-year-old as a buy-low candidate this winter.

Yankees Reportedly Preparing $245MM Offer To Gerrit Cole

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The Yankees are reportedly working on a record-setting seven-year, $245MM contract offer to free-agent right-hander Gerrit Cole, according to Bob Klapisch of the New York Times. MLB Network’s Jon Heyman and MLB.com’s Mark Feinsand report (Twitter links) that while the team has not yet officially extended the offer, they aren’t far off from doing so.

If signed, the contract would establish a new benchmark for free-agent pitchers, both in terms of overall value and average annual value; Cole’s $245MM over seven years—a $35MM AAV—would surpass David Price’s record $217MM deal with the Red Sox, as well as Zack Greinke’s $34.4MM AAV from the Diamondbacks.

With Cole and representative Scott Boras requesting yesterday that interested teams submit initial offers, the Cole saga is far from over, and there’s a chance that the Yankees’ bid will be one-upped by another suitor, particularly the Dodgers or Angels, who have been named the other favorites to land Cole. If those teams opt to go to an eighth or ninth year, the contract value could exceed $280MM or even $300MM, an unprecedented figure for pitchers. Either way, with the bidding war now underway, one thing’s for sure: if the initial offer is already a record deal, Cole and Boras are certainly sitting pretty.

And though the contract offer is merely that—an offer—the sheer magnitude of the opening bid is indicative of the Yankees’ commitment to go into the spring with this offseason’s crown jewel. With reports suggesting that ownership has authorized a steadfast pursuit of Cole and that the team has halted other business as it focuses entirely on the 29-year-old, there seems to be a heightened sense of urgency surrounding the Yankees’ courtship of Cole, a Steinbrenner trademark that has been absent for several years.

That said, they won’t be without their share of competition. The aforementioned financial powerhouses in Los Angeles—though their interest hasn’t received the same attention as that of New York—no doubt have an appetite for Cole. After seven consecutive division titles that have yet to produce a World Series banner, the Dodgers’ urgency may well rival that of the Yankees. And while record-breaking contracts are decidedly not a hallmark of the Andrew Friedman-run Dodgers, it bears mentioning that their payroll commitments are expected to thin out considerably by 2021 and 2022, affording increased flexibility to take on an obligation of monumental proportions.

The Angels, for their part, haven’t played October baseball since 2014 and have long been rumored a destination for Cole given his SoCal roots. They boast the sport’s finest player in Mike Trout, who is under contract for the next decade-plus and has played just three playoff games through his age-27 season. The last several years of Angels baseball have been defined by a notorious lack of production (and health) in the starting rotation, a department in which forward progress may already be in order for 2020, what with the acquisition of Dylan Bundy and the potential return of Shohei Ohtani, not to mention the addition of reputable pitching coach Mickey Callaway. General manager Billy Eppler, entering the final year of his contract, has limited time to produce a genuine improvement in the win-loss department, and adding Cole may be the perfect splash to improve the franchise’s fortunes.

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