Cody Bellinger Intended to Decline Deal with Yankees, Pursuing Multi-Year Contract instead
Cody Bellinger, the versatile and high-performing player currently under a three-year, $80 million contract with the New York Yankees, is expected to test the free agent market after the 2025 season. This anticipation stems from Bellinger's widely expected opt-out of his 2026 player option, which could lead to a more lucrative, longer-term deal.
At the age of 30, Bellinger has demonstrated impressive stats this season, hitting 22 home runs and boasting an .816 OPS. He has also shown his speed with 10 stolen bases. Notably, half of his games this season have been played at Yankee Stadium, a factor that benefits him due to the short porch in right field.
Bellinger's versatility, both offensively and defensively, has increased his market demand. He has proven his ability to play outfield and first base, a trait that is highly valued by potential suitors.
The Mets, fresh from luring Juan Soto away from the Yankees, are among the frontrunners in the race for Bellinger's services. The Mets, in particular, value his defensive versatility. Other interested teams include the Phillies, Astros, Giants, and Mariners, with the Astros seen as a competitive fit given their offensive needs and postseason aspirations.
Bellinger's desire for a competitive atmosphere might influence his decision, especially if the Yankees, who have shown internal struggles, no longer seem as viable a contender.
According to Spotrac, the market value for Bellinger is a six-year contract worth $131.5 million, averaging $21.92 million per year. If Bellinger were to remain with the Yankees, he would be playing on a $25 million player option next year.
The Collective Bargaining Agreement (CBA) is expiring after next season, and a lockout is expected. This offseason is considered Bellinger's last chance to get a major, long-term contract before the CBA expires and a lockout ensues.
Jim Bowden from The Athletic believes Bellinger will seek a long-term contract in free agency. As for the Yankees, they have not yet indicated whether they will exercise Bellinger's 2026 option or allow him to become a free agent. The Yankees, however, are expected to be one of the teams pursuing Bellinger aggressively if he becomes a free agent, given his performance with the team this season.
The Cubs, Bellinger's previous team before being traded to the Yankees, pay $2.5 million toward either the 2026 salary or buyout, so from Bellinger’s perspective, he receives $25 million or $5 million payout guaranteed if he stays, but the buyout becomes irrelevant if he opts out.
In summary, the upcoming offseason is shaping up to be a significant one for Cody Bellinger, with multiple teams expected to bid aggressively for his services. The Yankees hope to keep him, but his desire for a competitive atmosphere and interest from rival teams make his next contract a key offseason storyline.
Sports news over the upcoming offseason is expected to revolve around Cody Bellinger, as multiple teams, including the Mets, Phillies, Astros, Giants, and Mariners, are reportedly interested in his services. The New York Yankees, who value his defensive versatility, are also expected to pursue Bellinger aggressively, given his impressive performance this season. Jim Bowden from The Athletic believes Bellinger will seek a long-term contract in free agency, and the MLB's Collective Bargaining Agreement may expire after next season, making this offseason Bellinger's last chance to secure a major, long-term deal before a potential lockout ensues.