The New York Yankees capitalize on the Chicago Cubs’ failure to pay Cody Bellinger
The standoff between the New York Yankees and Cody Bellinger has finally come to a close with the two sides finalizing a five-year deal, worth $162.5 million, according to ESPN’s Jeff Passan.
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The deal also includes opt-outs after the second and third seasons, includes a full no-trade clause, and a $20 million signing bonus to account for New York’s high income tax rate. Having a better season than he did with the Chicago Cubs in 2024, Bellinger got the deal he wanted from the Cubs, who didn’t feel he could be the former MVP-type player (2019) he once was.
Cody Bellinger’s deal with the Yankees is for five years and $162.5 million, sources tell ESPN. There are opt-outs after the second and third season, a $20M signing bonus and a full no-trade clause.
— Jeff Passan (@JeffPassan) January 21, 2026
The New York Yankees capitalize on the Chicago Cubs’ failure to pay Cody Bellinger
To go along with his MVP, Bellinger is a two-time All-Star, a two-time Silver Slugger, the Rookie of the Year in 2017, and a Gold Glove winner, which has translated over to playing multiple positions (center field, first base, right field, and left field). Since winning the MVP, Bellinger’s production at the plate declined, leading the Los Angeles Dodgers to non-tender him.
Bellinger’s production at the plate picked up in his first season with the Cubs, hitting .307 with an OPS of .881 in 2023, but fell in 2024 (.266, .751). Exercising his option instead of opting out, the Cubs traded Bellinger to the Yankees on Dec. 17 for reliever Cody Poteet and $5 million to shed his salary after feeling he wouldn’t get back to the player he once was.
Bouncing back at the plate in 2025, Bellinger hit .272 with an OPS of .813 and fell a home run shy of hitting 30 home runs (29) for the first time since 2019 (47). His resurgence at the plate and above-average defense led the Yankees to give Bellinger the contract the Cubs and the Ricketts family didn’t feel comfortable giving him.
The post The New York Yankees capitalize on the Chicago Cubs’ failure to pay Cody Bellinger appeared first on ChiCitySports.
Source: https://www.chicitysports.com/new-york-yankees-sign-cody-bellinger
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