Yankees Secure Cody Bellinger with $162.5 Million, 5-Year Contract
The New York Yankees have finalized a significant deal with outfielder Cody Bellinger, re-signing him for five years at $162.5 million. This agreement, confirmed by league sources, does not include any deferrals and features a $20 million signing bonus.
Cody Bellinger’s Deal Highlights
- Contract Value: $162.5 million over five years
- Signing Bonus: $20 million
- Opt-Out Clauses: After the second and third seasons
- Trade Clause: Full no-trade clause included
Bellinger’s contract follows months of negotiations and was first reported by ESPN. The agreement allows the Yankees to focus on other roster needs after securing their top priority for the offseason. His agent, Scott Boras, engaged in extensive talks with the Yankees leading up to the deal.
Impact on Yankees’ Roster
Bellinger, a left-handed bat, is expected to bolster a lineup that includes Aaron Judge. He previously had a standout season in 2025, boasting a .272 batting average with 29 home runs and 98 RBIs. The Yankees value his ability on defense, as he primarily played in left field last season.
Before his re-signing, Bellinger was the most sought-after free agent bat. His performance at Yankee Stadium, where he had a .909 OPS, was notably better than his road performance. He had initially opted out of a $25 million remaining salary for 2026 from a previous contract with the Chicago Cubs.
Financial Perspective
The Yankees’ payroll now stands at approximately $324 million, exceeding the luxury tax threshold of $304 million. This means the team will incur a 110 percent tax on every additional dollar spent over that limit. Currently, the Yankees possess the fourth-highest luxury tax payroll in Major League Baseball.
Future Considerations for the Yankees
As the Yankees shift their focus post-Bellinger, they are looking at potential pitching acquisitions and the future of Jasson Domínguez, a former top prospect. Bellinger’s re-signing solidifies an important piece of their roster and points toward a competitive future.
Having previously suffered from injuries, Bellinger remains a strong defensive asset. He is expected to transition to first base as he ages, where his defensive capabilities will still be valuable.
Overall, this contract not only highlights the Yankees’ commitment to enhancing their roster but also sets the stage for their upcoming season with Bellinger as a key player in the lineup.