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Cody Bellinger Plans to Decline $25 Million Option, Enter Free Agency

A career-best year since 2019 positions the 30-year-old for a broad, long-term market.

Overview

  • ESPN reported Bellinger will opt out after the World Series, turning down a $25 million player option and triggering a $5 million buyout, half covered by the Cubs.
  • In his first Yankees season he hit .272 with 29 home runs, 98 RBIs and 13 steals over 152 games while excelling defensively across all three outfield spots and first base.
  • Bellinger told reporters he loved playing in New York and would welcome a return under a new contract.
  • Having previously received a qualifying offer, he cannot be offered another, and teams signing him will not lose draft picks, which could widen his market.
  • The Yankees are expected to pursue a new deal as multiple teams, including the Mets per MLB.com, eye Bellinger, with New York also weighing decisions on pending free agents like Trent Grisham and Paul Goldschmidt.