Sources: Yankees, Bellinger talks at an impasse

14 hours ago 3
  • Buster OlneyJan 10, 2026, 05:37 PM ET

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    • Senior writer ESPN Magazine/ESPN.com
    • Analyst/reporter ESPN television
    • Author of "The Last Night of the Yankee Dynasty"

Contract negotiations between the New York Yankees and Cody Bellinger are at an impasse, league sources tell ESPN.

The Yankees were hoping to re-sign the veteran outfielder, who played well for them last season, but are now operating under the assumption that Bellinger is going to sign elsewhere. The team is now seeking additions elsewhere, sources added.

The Yankees offered Bellinger a five-year deal for at least $30 million per season, in the range of what other star hitters have been paid this winter. Pete Alonso signed a five-year, $155 million deal with the Orioles, and Kyle Schwarber signed a five-year, $150 million to return to the Phillies. Bellinger's camp - he is represented by Scott Boras - is seeking a deal of more than five years, and worth more in average annual value.

Last season, Bellinger hit .272 with 29 home runs for the Yankees, with a .334 on-base percentage and .480 slugging percentage. Manager Aaron Boone raved about Bellinger's defense, athleticism and versatility; on the day the Yankees traded for Bellinger, he told Boone he would play anywhere. Bellinger was stationed in leftfield for 85 games, center for 41 games, and in right for 52. He can also play high-end defense at first base.

The left-handed hitting Bellinger, 30, was well-suited for Yankee Stadium, where he hit 18 of his 29 homers and had a .909 OPS, or almost 200 points higher than on the road. He seemed very at ease for the New York market, where his father Clay had played. Cody Bellinger has played his entire career for high-profiled teams, in L.A., Chicago and N.Y.

But barring a shift in the negotiations, however, it appears his time with the Yankees is over, and they'll look at other possibilities to augment their roster. They have remained engaged in the conversations for outfielder Kyle Tucker and infielder Bo Bichette, and as they have haggled in the Bellinger negotiations, they have had conversations with other teams about trade possibilities.

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