Inside The Pinstripes

Yankees See Cody Bellinger Market Exploding

New York Yankees outfielder Cody Bellinger is expected to opt out of his contract after the 2025 World Series and become a free agent.
Oct 7, 2025; Bronx, New York, USA; New York Yankees outfielder Cody Bellinger (35) hits a single in the third inning against the Toronto Blue Jays during game three of the ALDS round for the 2025 MLB playoffs at Yankee Stadium. Mandatory Credit: Vincent Carchietta-Imagn Images
Oct 7, 2025; Bronx, New York, USA; New York Yankees outfielder Cody Bellinger (35) hits a single in the third inning against the Toronto Blue Jays during game three of the ALDS round for the 2025 MLB playoffs at Yankee Stadium. Mandatory Credit: Vincent Carchietta-Imagn Images | Vincent Carchietta-Imagn Images

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Will Cody Bellinger be one-and-done in the Bronx? That depends on how much New York Yankees general manager Brian Cashman is willing to spend to bring the outfielder back for 2026 and beyond.

The former National League MVP is expected to opt out of his three-year, $80 million contract following the World Series by turning down his $25 million option for next season.

Predicting The Market

When that happens, The Athletic's Jim Bowden said Bellinger will be the No. 10 free agent on the open market. Bowden listed the Yankees, New York Mets, Houston Astros, San Diego Padres, Cleveland Guardians, Kansas City Royals, Los Angeles Angels and Seattle Mariners as best fits.

In doing so, Bowden predicted Bellinger, 30, will get a six-year, $168 million contract. That's based on using Toronto Blue Jays outfielder George Springer (six years, $150 million), Los Angeles Dodgers outfielder Teoscar Hernández (three years, $66 million) and Mets outfielder Brandon Nimmo (eight years, $162 million) as comps.

"Bellinger’s ability to play above-average defense at all three outfield positions and first base increases his free-agent worth, although it looks like he’s found a home in left field," Bowden reported. "He has been a perfect fit for the Yankees, where playing half his games at Yankee Stadium with the short porch in right helped him hit 29 home runs while slashing .272/.334/.480 (he had a .909 OPS at Yankee Stadium and a .715 OPS at every other park). I think he’ll opt out of his contract and try to get the Yankees to give him a longer deal."

The Yankees acquired Bellinger in a December 2024 trade with the Chicago Cubs.

New York Yankees outfielder Cody Bellinger
Oct 5, 2025; Toronto, Ontario, CAN; New York Yankees Cody Bellinger (35) is congratulated after hitting a two-run home run in the sixth inning against the Toronto Blue Jays during game two of the ALDS round for the 2025 MLB playoffs at Rogers Centre. Mandatory Credit: John E. Sokolowski-Imagn Images | John E. Sokolowski-Imagn Images

He proceeded to hit 29 home runs and drive in 98 runs while posting a 5.0 WAR in the Bronx, his highest totals since winning the 2019 National League MVP Award with the Dodgers.

Other Options

Of course, it's also possible Cashman goes for what's behind door No. 2: Chicago Cubs outfielder Kyle Tucker. Bowden named the 28-year-old the top player on the free-agent market.

Bowden listed Tucker's best fits as the Yankees, Dodgers, Mets, Philadelphia Phillies and San Francisco Giants.

And then there's always Trent Grisham, who will be a free agent after hitting a career-high 34 home runs this season.

Bowden named the Yankees, Pittsburgh Pirates, Colorado Rockies, Minnesota Twins, Chicago White Sox and Los Angeles Angels as best fits for the 28-year-old Grisham.

The two-time Gold Glove Award winner will get a two-year, $30 million contract, according to Bowden's predictions.

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Michael Rosenstein
MICHAEL ROSENSTEIN

Professor and award-winning multimedia journalist with three decades of success leading newsrooms, control rooms and classrooms.