Yankees Propose $30M Annually to Bellinger, Negotiation Gaps Persist

The New York Yankees have made a significant multi-year contract offer to free-agent outfielder Cody Bellinger. The proposal includes an average annual value exceeding $30 million. Negotiations are ongoing, with Bellinger’s representatives seeking a seven-year deal.

Details of the Yankees’ Proposal

Bellinger’s potential contract would position him among the top five highest-paid outfielders in Major League Baseball. The current leaders are:

• Juan Soto: $51 million
• Aaron Judge: $40 million
• Mike Trout: $35.5 million
• Mookie Betts: $30.4 million
• Christian Yelich: $26.9 million

The Yankees have expressed their desire to re-sign Bellinger, viewing him as a key player for their lineup and defense. Bellinger has shown openness to remaining with the Yankees after ongoing discussions.

Market Trends Impacting Negotiations

The current free agency environment may influence negotiations. Recent contracts for other players include:

• Pete Alonso: Five-year, $155 million deal ($31 million AAV) with the Baltimore Orioles
• Kyle Schwarber: Five-year, $150 million agreement ($30 million AAV) with the Philadelphia Phillies

Bellinger is 30 years old, and last season, he delivered impressive statistics: a .272 batting average, 29 home runs, and 98 RBIs. His performance earned him a 5.1 WAR, marking him as one of only three Yankees outfielders to exceed five WAR in the last ten years. He also finished 14th in the American League MVP voting.

Bellinger’s Career and Previous Transactions

Bellinger became a free agent after opting out of a $25 million contract with the Chicago Cubs, where he had signed a one-year deal initially. His trading to the Yankees was primarily due to financial adjustments by the Cubs. The Yankees covered most of his salary in that trade.

Despite his previous success—including winning the National League MVP award in 2019—Bellinger faced uncertainty in the market, particularly after the Dodgers non-tendered him three years later. His current negotiations suggest a cautious approach by teams towards long-term commitments with him.

Yankees’ Roster Considerations

The Yankees continue to evaluate their roster and explore potential upgrades. While they have re-signed several players, including Trent Grisham and Amed Rosario, they are also looking at infielder Bo Bichette, although his defensive suitability is under scrutiny.

In left field, prospects like Jasson Domínguez and Spencer Jones are being considered. Domínguez had a promising left-handed hitting performance last season but struggled on the right side. Jones has shown potential in the minors but lacks major league experience.

As the offseason progresses, the Yankees are navigating a relatively quiet period while aiming to solidify their lineup for the upcoming season.