It seems like the New York Yankees chose not to match the Los Angeles Dodgers’ record-breaking offer for Japanese pitcher Yoshinobu Yamamoto for two main reasons:
1. **They believed $300 million was the right offer:** The Yankees had a valuation in mind for Yamamoto’s contract, and they felt that $300 million was the appropriate amount. This suggests that they had a predetermined budget or valuation for the player and were not willing to exceed that amount.
2. **They didn’t want anyone to have a bigger deal than Gerrit Cole:** The Yankees had previously given a nine-year, $324 million contract to Gerrit Cole in 2019, making him the highest-paid pitcher at that time. It seems that the Yankees were not willing to surpass that record-breaking deal for another pitcher, even if it meant losing out on Yamamoto to the Dodgers.
The report suggests that the Yankees made a strategic decision based on their own financial considerations and a desire to maintain the prestige of Gerrit Cole’s contract as the highest ever for a pitcher in their organization. It remains to be seen how this decision will impact the team and Yamamoto’s performance in MLB.