URGENT UPDATE: New York Yankees outfielder Cody Bellinger is set to opt out of his contract and enter free agency next month, according to a source reported by ESPN earlier today. Bellinger, 30, is walking away from a $25 million player option for the 2026 season, a move expected to generate significant interest across Major League Baseball.
Bellinger’s decision comes on the heels of a standout season in which he emerged as a key player for the Yankees. After joining the team from the Chicago Cubs in December 2024, he quickly became the second-most valuable player on the roster, trailing only Aaron Judge. His impressive performance included a batting average of .272, along with 29 home runs and an .813 OPS over 152 games in the 2025 season.
As one of the league’s top hitters against left-handed pitching, Bellinger led all left-handed batters with a remarkable .415 on-base percentage and a .601 slugging percentage. He also showcased his defensive prowess, accumulating seven Outs Above Average and eight Defensive Runs Saved across multiple positions, including first base.
The Yankees acquired Bellinger as part of a strategic pivot after missing out on Juan Soto, and his impact has been undeniable. Bellinger’s 4.9 fWAR tied him for 18th in the majors, highlighting his all-around contributions. He also added 13 steals in 15 attempts, further enhancing his value to the team.
Bellinger previously signed a three-year, $80 million contract with the Cubs, which included opt-outs after the first two seasons. He declined a qualifying offer from the Cubs earlier this offseason, setting the stage for his current free agency move.
With Bellinger opting out, the Yankees face crucial decisions regarding their roster. Other players expected to enter free agency include outfielder Trent Grisham, first baseman Paul Goldschmidt, and relievers Devin Williams and Luke Weaver.
As the free agency period approaches, all eyes will be on Bellinger and the potential contracts he could secure. This developing situation promises to reshape the landscape of the MLB as teams scramble to strengthen their lineups. Fans and analysts alike will be closely monitoring this high-stakes offseason.
Stay tuned for more updates as this story unfolds, and mark your calendars for what promises to be an exhilarating free agency period!
