Overview
- Yankees officials have decided not to enter a bidding war and are prepared to let Cody Bellinger walk if another team tops their offer, according to Bob Klapisch.
- The standing proposal is five years at $160 million with two opt-outs and no deferrals, multiple reports say.
- Bellinger and agent Scott Boras are holding out for a longer commitment of about seven years and a higher average annual value, per The Athletic.
- The Mets and Blue Jays are viewed as the most likely clubs to beat New York’s terms, but doing so would come with reported 110% luxury-tax penalties, USA Today’s Bob Nightengale reports.
- The Athletic reports the Yankees’ bid is the only confirmed formal offer to date, as a decision lingers near spring training despite Bellinger’s 2025 line of .272/.334/.480 with 29 home runs.