Yankees Stand Firm on Offer; Has Cody Bellinger’s Market Shifted?
Cody Bellinger is currently a key player in the baseball free agency market. At just 30 years old, he has demonstrated versatility, playing exceptional defense in all three outfield positions and at first base. Last season, he achieved a significant 5.1 WAR, hitting 29 home runs and maintaining a 125 wRC+ while playing for the New York Yankees.
Yankees’ Firm Offer to Bellinger
The New York Yankees have made a robust offer to Bellinger, reportedly worth up to $160 million over five years. This proposal includes no deferrals and performance-based opt-out clauses post Year 2 and Year 3. Additionally, a signing bonus is part of the deal.
- Contract Value: Up to $160 million
- Contract Duration: 5 years
- Opt-Out Clauses: Available after Year 2 and Year 3
Bellinger’s Market and Comparisons
As spring training approaches, questions remain regarding Bellinger’s market. His camp is seeking a seven-year contract with a higher average annual value than the Yankees’ offer, ranging between $31 million and $32 million.
Recent signings have raised more questions about Bellinger’s options. The Los Angeles Dodgers signed Kyle Tucker to a four-year, $240 million deal, while the New York Mets secured Bo Bichette for three years at $126 million, both with two opt-outs. This trend could influence Bellinger’s thinking towards a high-AAV, short-term agreement.
Interest from Other Teams
The Mets have expressed interest but prefer a short-term signing. Cody Bellinger’s agent, Scott Boras, indicated that at least eight teams, including the Toronto Blue Jays and San Francisco Giants, were interested in the player. However, formal offers have waned recently.
- Potential Suitors:
- Toronto Blue Jays
- San Francisco Giants
- Cincinnati Reds
- Los Angeles Angels
Yankees’ Contingency Plans
While the Yankees await Bellinger’s decision, they are exploring the trade market. Reports suggest they are pursuing starting pitcher Freddy Peralta from the Milwaukee Brewers as a backup plan. As of now, the team is maintaining its offer, pondering Bellinger’s true market value amidst a shifting landscape in free agency.
