The latest update regarding Cody Bellinger is not a good sign for Yankees fans.
Cody Bellinger Free Agency Update
The Yankees are holding the line in their negotiations with the free agent outfielder.
NJ.com’s Bob Klapisch recently penned a column about the Yankees and their pursuit of Bellinger. The major point of contention in these negotiations is the length of the contract.
The Yankees do not want to exceed five years, while Bellinger and his agent, Scott Boras, are seeking a seven-year deal.
According to Klapisch, the Yankees’ most recent five-year offer will be their last.
“The Yankees have made the internal decision to hold the line on Bellinger, according to a person with knowledge of the situation,” Klapisch wrote. “They’re convinced that their latest offer of five years, $160 million with two opt-outs, is not only fair, but it’s their last proposal.”
If talks between #Yankees and Cody Bellinger fall apart, it’s because he (and Scott Boras) are stuck on seven years, $36-$37 million per. The club won’t touch that. https://t.co/CWvWademUW
— Bob Klapisch (@BobKlap) January 9, 2026
The Yankees’ average annual value is $32 million. Bellinger’s camp is searching for $36 million to $37 million.
Bellinger and the Yankees are trying to work things out, but if things don’t work out, the team from Queens could come in and sign the outfielder.
The Mets missed out on free agent Kyle Tucker, who signed with the Los Angeles Dodgers. The Mets are still searching for another corner outfielder to play with Juan Soto.
Steve Cohen proved he is willing to pivot for other top players, as evidenced by the Bo Bichette signing. Bichette signed a three-year deal for $126 million.
Could Cohen step in and pry Bellinger away from the Yankees? It’s certainly a possibility, especially if Bellinger and the Yankees remain at a standstill.
What Happens if the Yankees Don’t Sign Cody Bellinger?
The Yankees must start preparing their backup plan in case Bellinger signs with another team.
On Monday, the Yankees signed former Athletics outfielder/first baseman Seth Brown to a minor league contract. Brown is not considered a Bellinger replacement. However, it is a move to add depth at the position.
If the season started today, Aaron Judge would be in right field, while Trent Grisham would start in center.
Jasson Dominguez would be the logical choice to play in left field.
Spencer Jones will likely receive a call-up at some point.
However, the Yankees plan to still sign Bellinger. However, they are not budging on their latest offer.
