The New York Yankees have received candid feedback regarding Cody Bellinger’s free-agent outlook following Alex Bregman’s decision to sign a five-year, $175 million deal with the Chicago Cubs on January 10. With Bregman off the market, attention has shifted to Bellinger as one of the next major names expected to make a move.
Prior to Bregman’s signing, he was grouped with Bellinger, Kyle Tucker, and Bo Bichette as the top remaining free-agent hitters. After the deal became official, SNY’s John Harper weighed in on how Bregman’s contract could influence Bellinger’s market value. Harper suggested the agreement raises expectations for Bellinger, noting that Bregman is older yet still secured a massive payday. However, he questioned whether the deal would significantly loosen the market, pointing out that Bellinger and Tucker are now the primary elite position players still available.
MLB insider Ken Rosenthal also provided insight into Bellinger’s situation during an appearance on Foul Territory. He indicated the Yankees are wary of overbidding, especially with the Mets reportedly showing interest as well. Rosenthal emphasized that quality players typically attract multiple suitors and expressed skepticism toward claims that Bellinger lacks a strong market. He added that a deal worth around $30 million annually over five years would place Bellinger among the highest-paid outfielders, though securing a longer contract may be difficult particularly from the Yankees.
Rosenthal further explained why Bellinger and his agent, Scott Boras, may be holding firm on their desire for a long-term deal rather than opting for a shorter contract with an opt-out. From Bellinger’s perspective, being younger than players like Pete Alonso and Kyle Schwarber both of whom landed five-year contracts strengthens his case for seeking similar or greater term length. While his stance is understandable, it remains uncertain whether any team, including the Yankees or Mets, will ultimately meet those demands.
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