Gerrit Cole has opted out of his contract with the New York Yankees, signaling his intent to explore free agency. The San Diego Padres, known for pursuing top talent, may target Cole to fill the void left by Joe Musgrove's season-ending surgery.

The Yankees have a chance to retain Cole by extending his contract, but after a disappointing World Series, both Cole and the Yankees are at a crossroads. The Padres, having previously traded Juan Soto to New York, are in a position to make a significant move if Cole remains available.