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Yankees sign All-Star outfielder Cody Bellinger to massive $162.5 million deal: reports

  • On Jan. 20, 2026, the New York Yankees offered Cody Bellinger five years, $160 million with two opt-outs, but despite constant communication, talks have stalled and no deal is imminent.
  • Bellinger and agent Scott Boras seek a seven-year, $266 million deal, but the Toronto Blue Jays have shown little interest, making a Toronto bid unlikely to beat New York's offer, Mitch Bannon reported Monday.
  • His 2025 numbers show Cody Bellinger hit 29 homers and slashed.272, with stark splits of.302/.365/.544 at Yankee Stadium versus.241/.301/.414 on the road.
  • If Bellinger signs elsewhere, the New York Yankees would need multiple moves to replace him and rely on a Jasson Dominguez–Spencer Jones competition in spring training despite Dominguez's defensive concerns.
  • Market shifts show Kyle Tucker's $240 million deal and Bo Bichette's move freed the New York Mets to pursue Bellinger, with analyst Jim Bowden saying, `I still think it's likely that Bellinger goes back`.
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Krem2 News broke the news in Spokane, United States on Monday, January 19, 2026.
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