Report: Yankees re-sign Bellinger to 5-year, $162.5M deal
Cody Bellinger is returning to the Bronx.
The New York Yankees agreed to a five-year, $162.5-million deal with the outfielder, sources told ESPN's Jeff Passan.
The contract includes a $20-million signing bonus, full no-trade clause, and opt-outs following the second and third seasons, Passan reports.
There's no deferred money, a source told MLB.com's Mark Feinsand.
Bellinger was the top position player remaining in free agency after putting together a terrific 2025 campaign for the Yankees. He slashed .272/.334/.480 with 29 home runs, 98 RBIs, and 13 steals in 152 games.
The 30-year-old also provided value on the other side of the ball, accruing 12 defensive runs saved in the outfield and ranking in the 91st percentile in arm value and 93rd percentile in range, according to Baseball Savant.
Bellinger's camp was involved in lengthy contract negotiations with the Yankees after both sides appeared to be in favor of a reunion this winter.
The Yankees reportedly reopened talks with Bellinger last week. The 30-year-old apparently rejected an initial five-year, $155-million offer while clubs including the New York Mets, Los Angeles Dodgers, San Francisco Giants, and Toronto Blue Jays reportedly showed interest in him.
With Bellinger, the Yankees will enter 2026 with a strong lineup that also features Jazz Chisholm Jr., Giancarlo Stanton, and reigning AL MVP Aaron Judge.
Yankees' projected 2026 lineup
| ORDER | POSITION | PLAYER | BATS |
|---|---|---|---|
| 1 | CF | Trent Grisham | L |
| 2 | RF | Aaron Judge | R |
| 3 | LF | Cody Bellinger | L |
| 4 | 1B | Ben Rice | L |
| 5 | DH | Giancarlo Stanton | R |
| 6 | 2B | Jazz Chisholm Jr. | L |
| 7 | 3B | Ryan McMahon | L |
| 8 | SS | José Caballero | R |
| 9 | C | Austin Wells | L |
New York was eliminated in the 2025 American League Division Series by the Toronto Blue Jays after leading baseball in runs scored during the regular season.