Cody Bellinger

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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.

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.

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As the New York Yankees refuse to escalate their five-year, $160 million offer to free agent outfielder Cody Bellinger—who hit .272 with 29 home runs in 2025 for them—the Toronto Blue Jays see an opportunity to upgrade their roster and weaken an AL East rival. Following earlier reports of short-term Mets interest, Toronto's potential pursuit adds fluidity to Bellinger's market.

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.

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The New York Yankees are exploring a backup plan in case they fail to re-sign free-agent outfielder Cody Bellinger, with former Cincinnati Reds player Austin Hays emerging as a potential target. Reports indicate the Yankees have checked in on Hays, who had a solid season despite injuries. This move would provide an inexpensive option for the crowded Yankees outfield.

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