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Yankees Submit Formal Offer to Cody Bellinger as Free-Agent Decision Looms

Reports indicate New York is holding firm on price, leaving the former MVP to gauge wider interest.

Overview

  • Jon Heyman reported that the Yankees made a formal offer to Cody Bellinger, though the terms have not been disclosed.
  • Jeff Passan said the Yankees are not inclined to raise their bid unless Bellinger lowers his price, with spring training approaching.
  • Bellinger is weighing interest from multiple teams, with the Dodgers, Mets, Giants and Blue Jays mentioned by recent reports.
  • Coverage notes he is seeking a long-term pact reportedly up to seven years, while a NorthJersey.com prediction projects a five-year, $160 million deal with the Dodgers.
  • The 2019 NL MVP boosted his market by hitting .272 with 29 home runs and 98 RBIs for New York in 2025 after opting out of a $25 million salary for 2026.