Cody Bellinger, an outfielder capable of excelling at multiple positions, finds himself in an evolving market as the start of spring training approaches. Now 30 years old, Bellinger is coming off a strong season with the Yankees, posting a 5.1 WAR, hitting 29 home runs, and achieving a 125 wRC+.
The Yankees’ Offer to Bellinger
The New York Yankees have proposed a substantial deal worth up to $160 million over five years. This contract includes no deferrals and options for opt-outs following the second and third years. Additionally, a signing bonus is part of the offer, enhancing its attractiveness.
Comparative Market Analysis
- The Yankees’ offer aligns with recent high-profile signings. The Los Angeles Dodgers signed Kyle Tucker for four years at $240 million, while the New York Mets acquired Bo Bichette for three years at $126 million.
- Both signings included opt-out opportunities after specific years, raising questions about Bellinger’s preferences.
Bellinger’s Options Moving Forward
Bellinger’s camp has been advocating for a longer deal, seeking seven years and a higher average annual value than what the Yankees have presented. However, with other players opting for shorter, lucrative contracts, Bellinger might reassess his strategy.
The Current State of Interest
While the Mets remain interested in acquiring Bellinger, they prefer a short-term arrangement. Reports suggest Toronto’s recent offer to Tucker was approximately $350 million over ten years, showcasing significant variation across the league.
Other teams like the Philadelphia Phillies, San Francisco Giants, Cincinnati Reds, and Los Angeles Angels have also shown interest, though official offers remain unclear.
Yankees’ Contingency Plans
As they await Bellinger’s decision, the Yankees are exploring trade options, particularly focusing on Milwaukee Brewers pitcher Freddy Peralta. This strategy indicates a readiness to pivot if Bellinger signs elsewhere, all while maintaining their firm stance on their initial offer.
With less than a month to go before spring training, Bellinger’s future remains uncertain, creating anticipation within baseball circles regarding his next move.
