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Cody Bellinger Opts Out of Yankees Contract, Hits Free Agency

The move follows a bounce-back year, triggering a key decision for New York’s offseason.

Overview

  • He declined a $25 million player option for 2026 in favor of a $5 million buyout, with the Cubs covering $2.5 million of that amount.
  • Bellinger said he would "absolutely" consider a return to the Bronx after what he called an unbelievable experience in pinstripes.
  • General manager Brian Cashman labeled Bellinger an impact player and expressed interest in keeping him under a new deal.
  • After batting .272/.334/.480 with 29 home runs and 98 RBIs in 152 games, he showcased value with appearances at all three outfield spots and first base.
  • He is ineligible for a qualifying offer, and multiple teams are reported to be monitoring his market, with some projections suggesting offers could exceed $130 million.