Yankees re-sign Cody Bellinger to five-year contract

The New York Yankees have re-signed outfielder Cody Bellinger to a five-year, $162.5 million deal, aiming to build on last season's momentum after an early playoff exit. Bellinger expressed enthusiasm for returning to the team he credits with strong chemistry and winning culture. General manager Brian Cashman highlighted the agreement as a key offseason priority.

In the wake of their American League Division Series loss, the Yankees' clubhouse harbors optimism for a stronger 2026 campaign. Aaron Judge captured this sentiment shortly after the final out, stating the team would like to “run ‘em back and see what happens.” The re-signing of Cody Bellinger stands as the cornerstone of their offseason strategy, securing the 30-year-old versatile player who was acquired from the Chicago Cubs in a December 2024 salary dump. During his debut season in pinstripes, Bellinger posted a .272/.334/.480 slash line with a 125 OPS+, including 25 doubles, 29 home runs, and 98 RBIs over 152 games. Manager Aaron Boone utilized his skills across all three outfield spots and first base, praising him as “that true, versatile player that can go be really successful all over the diamond.” This return may challenge opportunities for prospects Jasson Domínguez and Spencer Jones in left field, though Boone noted, “We have a lot of really good players. And Jasson and Spencer are part of that.” Bellinger, speaking on a Zoom conference Wednesday, voiced his attachment to the group: “I really do love the group that we had. We had a special, special unit. We had great chemistry... I’m excited to run it back with those guys.” Negotiations with agent Scott Boras sought six or seven years, but the sides settled on five with two opt-outs and front-loaded salaries. Cashman described the process as negotiating with “a titan in Scott Boras,” crediting managing general partner Hal Steinbrenner and team president Randy Levine for enabling the deal. The Yankees also retained Trent Grisham on a $22.025 million qualifying offer, along with Tim Hill ($3 million), Amed Rosario ($2.5 million), Ryan Yarbrough ($2.5 million), and Paul Blackburn ($2 million). They acquired left-hander Ryan Weathers from the Miami Marlins on January 13 to bolster the rotation until Carlos Rodón and Gerrit Cole recover from injuries. Cashman emphasized changes ahead: “It’s going to be some differences, and the competition is going to be different, too... Our division is the best in baseball.” Bellinger opted out of World Baseball Classic preparations, prioritizing Yankees success: “I owe it to the Steinbrenner family and the Yankee organization to... try to win a championship.”

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Cody Bellinger signing his new five-year contract with the New York Yankees at Yankee Stadium press conference.
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Yankees finalize five-year, $162.5 million re-signing of Cody Bellinger

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The New York Yankees have finalized a five-year, $162.5 million contract with outfielder Cody Bellinger, their biggest offseason move. The frontloaded deal includes $85 million over the first two years, opt-outs after 2027 and 2028, a $20 million signing bonus, and a full no-trade clause, solidifying the outfield with Trent Grisham and Aaron Judge while raising questions about prospects like Jasson Domínguez amid roster needs and a projected $320 million payroll.

Negotiations between the New York Yankees and free-agent outfielder Cody Bellinger have reached an impasse, with the team now operating under the assumption that he will sign with another club. The Yankees have offered a five-year deal worth at least $150 million, but Bellinger seeks a longer commitment of up to seven years. As talks stall, the Yankees are exploring alternatives like Kyle Tucker and Bo Bichette.

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Following earlier warnings of a potential loss to rivals Mets, the New York Yankees are now prioritizing re-signing outfielder Cody Bellinger, viewing him as a versatile fit superior to pricier Kyle Tucker. Insiders say Bellinger is unlikely to join Queens, bolstered by Aaron Judge's strong advocacy after their successful 2025 partnership.

MLB insider Bryan Hoch has warned that the New York Yankees could lose free agent Cody Bellinger to their rivals, the New York Mets. Bellinger, who opted out of a $25 million contract with the Yankees, is drawing interest from multiple teams. The Mets, coming off a disappointing 2025 season, see Bellinger as a potential splash signing.

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Following reports of Aaron Judge's strong advocacy and fading Mets threat, Yankees GM Brian Cashman called free agent Cody Bellinger a 'great fit,' highlighting his versatility and switch-hitting. With Dodgers and Giants pursuing, New York explores Austin Hays while confident in their priority target.

The Toronto Blue Jays have bolstered their starting rotation by signing Dylan Cease to a seven-year, $210 million deal and Cody Ponce to a three-year, $30 million contract following their near-miss in the 2025 World Series. All-Star infielder Bo Bichette, their biggest free agent, remains a key focus as the team heads into the Winter Meetings. Bichette expressed his desire to stay with the club after the postseason.

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New York Yankees managing general partner Hal Steinbrenner addressed the team's 2025 season and offseason priorities during a Zoom call with reporters on November 24, 2025. Coming off a 94-win campaign that ended in the American League Division Series loss to the Toronto Blue Jays, Steinbrenner emphasized improvements in the bullpen and outfield while expressing confidence in the starting rotation. He also acknowledged concerns about the Los Angeles Dodgers' dominance amid discussions on payroll and competitive balance.

 

 

 

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