Overview
- The Yankees have made multiple formal offers to Cody Bellinger and are holding firm at five years, with SNY noting New York as the frontrunner but no agreement in place.
- Brian Cashman remains engaged with the Marlins on Edward Cabrera and has also spoken with the Brewers about Freddy Peralta, with reporting indicating no deal is close.
- Cabrera is coming off a 2025 career year with a 3.53 ERA and 150 strikeouts in 137 2/3 innings and carries a low projected 2026 arbitration salary, boosting Miami’s leverage for prospects.
- Medical evaluations are central to talks as Cabrera has recent blister and elbow issues and earlier shoulder impingements, and reports differ on how long he is under club control, ranging from 2028 to 2029.
- Rival interest remains active, with the Giants linked to Cabrera and the Mets and Cubs checking on Bellinger, as New York seeks rotation coverage while Gerrit Cole, Carlos Rodón and Clarke Schmidt rehab elbow surgeries.