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Yankees Seen as Front-Runner to Keep Cody Bellinger as Opt-Out Looms

Recent reports depict New York as the frontrunner, with rival interest expected to test the Yankees' resolve.

NEW YORK, NY - AUGUST 11: Cody Bellinger #35 of the New York Yankees hits a solo home run during the game against the Minnesota Twins at Yankee Stadium on August 11, 2025 in New York, New York.
TAMPA, FLORIDA - AUGUST 19: Cody Bellinger #35 of the New York Yankees runs the bases after hitting a home run in the first inning against the Tampa Bay Rays at George M. Steinbrenner Field on August 19, 2025 in Tampa, Florida.
TAMPA, FLORIDA - AUGUST 19: Cody Bellinger #35 of the New York Yankees celebrates with teammates in the dugout after hitting a home run in the first inning against the Tampa Bay Rays at George M. Steinbrenner Field on August 19, 2025 in Tampa, Florida.
NEW YORK, NY - AUGUST 13: Cody Bellinger #35 of the New York Yankees celebrates with teammates after hitting a solo home run during the game against the Minnesota Twins at Yankee Stadium on August 13, 2025 in New York, New York. (Photo by New York Yankees/Getty Images)

Overview

  • Bellinger is widely expected to exercise his post-2025 opt-out from the three-year, $80 million deal he signed with the Cubs before being traded to New York.
  • The 30-year-old has delivered 24 home runs, 75 RBIs, an .823 OPS and a 125 wRC+ in 116 games, totaling about 3.7 fWAR this season.
  • Jon Heyman reports the Yankees are thought to have the inside track to re-sign him, with the Mets also showing interest.
  • MLB reporter Mark Feinsand has identified the Astros and Phillies as potential suitors if Bellinger hits the open market.
  • Spotrac estimates his next contract at roughly six years and $182 million, which is a projection rather than a reported offer.