After New York Yankees starting pitcher Gerrit Cole opted out of his four-year, $144 million deal, the 11-year right-hander balked on a potential extension and will remain in the Big Apple. Cole is staying with the Yankees on the same four-year deal he opted out of, according to ESPN's Jeff Passan.

"Right-hander Gerrit Cole is remaining with the New York Yankees on the four-year, $144 million deal that he had opted out of, sources told ESPN. Discussions on a potential contract extension will continue. Essentially, it's the same as if Cole did not opt-out," Passan reported.

Both sides couldn't agree on a long-term extension, and neither wanted to go their separate ways, according the New York Post's Jon Heyman.

"Cole will continue on with his existing agreement with the thought extension discussion will occur later," Heyman reported. "Both sides wanted to stay together, so they did."