Cody Bellinger has finalized a significant agreement to remain with the New York Yankees, signing a five-year contract worth $162.5 million. This move marks the conclusion of negotiations for one of the top free-agent hitters, with the deal coming to light on Wednesday after confirmation from a source familiar with the discussions.
The contract includes a $20 million signing bonus and a full no-trade provision, allowing Bellinger considerable control over his future. Notably, he retains the option to opt out after the 2027 or 2028 seasons, provided there is no work stoppage that prevents games from being played in 2027. In such a scenario, the opt-out dates would shift accordingly.
Bellinger’s performance last season was impressive, as he recorded a batting average of .272, hitting 29 home runs and driving in 98 RBIs. His time at Yankee Stadium proved particularly fruitful, where he achieved a batting average of .302 with 18 home runs and 55 RBIs. This marks a notable comeback for Bellinger, who played in a total of 149 games in the outfield and seven games at first base, avoiding injuries for the first time since 2022.
Recognized as the 2017 National League Rookie of the Year and the 2019 NL MVP, Bellinger has maintained a solid career, boasting a lifetime average of .261 with 225 home runs and 695 RBIs over his eight seasons in Major League Baseball (MLB). Prior to his time with the Yankees, he played for the Los Angeles Dodgers and the Chicago Cubs, where he initially signed before the 2024 season.
Bellinger had previously declined a $25 million option for the 2026 season, opting instead for a $5 million buyout. His decision to remain with the Yankees aligns with the team’s ongoing efforts to strengthen their roster as they strive for success in the upcoming MLB season.
With this contract, the Yankees secure a powerful left-handed hitter, bolstering their lineup and enhancing their competitive edge as they prepare for the challenges ahead. As the team looks to build momentum, Bellinger’s return is anticipated to play a crucial role in their aspirations for the season.