Overview
- The Yankees are maintaining a reported five-year, $155–$160 million offer to Cody Bellinger, with reporting indicating potential opt-outs and a signing bonus, and signals they will not enter a bidding war.
- Agent Scott Boras is pushing for a longer and richer deal, with one report characterizing his stance as seeking an owner willing to top New York’s terms.
- Toronto missed on Kyle Tucker, to whom they reportedly offered 10 years and $350 million before he chose the Dodgers, and lost Bo Bichette to the Mets on a three-year, $126 million contract.
- The Blue Jays met with left-hander Framber Valdéz in November, but their current interest is unclear as payroll estimates place their CBT figure around $310.5 million, above the $304 million threshold.
- Signing Valdéz is projected to be costly for Toronto due to second-year tax penalties and draft-pick compensation after his qualifying offer rejection, with one estimate putting his 2026 total cost near $57 million.