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Cody Bellinger re-signs with Yankees for $162.5 million

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New York Yankees’ Cody Bellinger tosses his bat after hitting a RBI double during the third inning of a MLB baseball game against the Toronto Blue Jays at Yankee Stadium. Sunday, Sept. 7, 2025 in New York.
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Cody Bellinger isn’t going anywhere.

The Yankees re-signed the outfielder on Wednesday to a five-year, 162.5 million contract with opt-outs after the second and third seasons, noti.group’s Dan Martin confirmed.

Bellinger was one of the Yankees’ top priorities in free agency, and the Bombers got a deal done after the Mets, Phillies, Angels and Dodgers all had interest in his services throughout the offseason, noti.group’s Jon Heyman previously reported.


Cody Bellinger tosses his bat after hitting a RBI double during the third inning of the Yankees’ 4-3 win over the Blue Jays at the Stadium on Sept. 7, 2025. Noah K. Murray-NY Post

The Dodgers previously signed the top outfielder in free agency, Kyle Tucker, to a four-year, $240 million deal on Jan. 15.

Bellinger thrived in the Big Apple in 2025, hitting 29 homers with a .272/.334/.480 slash line.

He hit particularly well at Yankee Stadium with a .909 OPS in 80 games.

He was good with the glove, too, ranking in the 93rd percentile in outs above average.

Bellinger’s 5.1 wins above replacement — according to Baseball Reference — was the highest of his career since his National League MVP season in 2019 with the Dodgers.

With Bellinger back in the fold and Trent Grisham already accepting a $22 million qualifying offer, the Yankees should have their starting outfield set.

[Notigroup Newsroom in collaboration with other media outlets, with information from the following sources]

Tags: cody bellingerlos angeles angelslos angeles dodgersmlbmlb free agencymlb hot stovenew york metsnew york yankeesphiladelphia philliesSports
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