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Cody Bellinger Declines $25 Million Option To Test Free Agency

The decision sets up an offseason test of how far the Yankees will go to retain a core outfield bat.

Overview

  • Multiple outlets reported that Bellinger will turn down his 2026 player option, with free agency to begin once opt-outs can be filed after the World Series.
  • In 2025 he played 152 games and hit .272/.334/.480 with 29 home runs, 98 RBIs and 13 steals, while providing standout defense across all three outfield spots and first base.
  • Declining the option triggers a $5 million buyout that reporting says is partially covered by the Cubs under the terms of his prior three-year, $80 million contract.
  • The Yankees face a major roster call with center field unsettled and Trent Grisham also headed to free agency, even as prospects Jasson Dominguez and Spencer Jones loom as internal options.
  • A robust market is expected, with MLB.com-linked reporting naming the Mets as a legitimate contender; Bellinger, represented by Scott Boras, has said he would welcome a return to the Bronx.