"One of the biggest storylines in MLB free agency is Cody Bellinger and the New York Yankees being at an impasse in contract negotiations. The Yankees have been trying to re-sign the 2019 National League MVP since the start of the offseason but the two sides remain far apart on years and dollars. Multiple reports have suggested that the Yankees offered Bellinger a five-year contract with an average annual salary of more than $30 million. The two-time All-Star has not accepted to this point as he is continuing to hold out for a seven-year deal, via Bob Nightengale of USA Today:"
"The Yankees and free agent Cody Bellinger's stare-down continues with one month before spring training:The Yankees have offered a 5-year contract between $155-$160 million without deferrals.Bellinger is seeking at least a 7-year deal. - Bob Nightengale (@BNightengale) January 12, 2026 Bellinger's insistence of receiving seven years could explain why he remains unsigned with roughly a month until the start of Spring Training. Only one free agent has landed such a deal this offseason, with Dylan Cease getting $210 million over seven years from the Toronto Blue Jays. Bellinger is represented by Scott Boras, who just helped Alex Bregman secure a five-year, $175 million contract from the Chicago Cubs."
The New York Yankees and Cody Bellinger remain at an impasse in contract negotiations, with the Yankees reportedly offering a five-year deal while Bellinger seeks seven years. The reported Yankees offer ranges around $155–$160 million total, averaging more than $30 million per season. Bellinger continues to hold out for a longer-term commitment, and only one free agent this offseason has obtained a seven-year contract (Dylan Cease, $210 million). Bellinger is represented by Scott Boras, who recently negotiated Alex Bregman's five-year, $175 million deal. The Los Angeles Dodgers have interest only on a short-term reunion.
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