NEW YORK — Cody Bellinger and the New York Yankees have finalized a $162.5 million, five-year contract that keeps the slugger in pinstripes.

Bellinger became the last of the top free-agent hitters to reach a deal this offseason when the sides agreed to terms last Wednesday, subject to a successful physical. The contract includes a $20 million signing bonus, split evenly with half payable on April 1 and the remainder on August 1, along with a full no-trade provision.

Under the agreement, Bellinger will receive a $32.5 million salary in each of the first two seasons, $25.8 million in the next two, and $25.9 million in 2030. He also holds the right to opt out after the 2027 or 2028 seasons to become a free agent again. However, if there is a work stoppage that results in no games being played in 2027, the opt-out dates will shift to after the 2028 and 2029 seasons.

A two-time All-Star, Bellinger was acquired by the Yankees from the Chicago Cubs in December 2024. Last year, he hit .272 with 29 home runs and 98 RBIs, including a .302 average with 18 homers and 55 RBIs at Yankee Stadium. The left-handed hitter played 149 games in the outfield and seven at first base during his first healthy season since 2022, without a stint on the injured list.

Cody is the son of former Yankees player Clay Bellinger. Voted the 2017 National League Rookie of the Year and 2019 NL MVP, he boasts a career .261 batting average with 225 home runs and 695 RBIs across eight seasons with the Los Angeles Dodgers (2018-22), the Cubs (2023-24), and now the Yankees.

Prior to this contract, Bellinger earned $57.5 million from the $80 million, three-year deal he signed with the Cubs before the 2024 season. He declined a $25 million option for 2026 in favor of a $5 million buyout.
https://www.clickorlando.com/news/2026/01/27/cody-bellinger-and-the-yankees-finalize-1625-million-5-year-contract/