The Yankees and Cody Bellinger are going to reunite on a new deal, reports Jeff Passan of ESPN. The Boras Corporation client gets a five-year deal worth $162.5MM, reports Bob Nightengale of USA Today. There are no deferrals, per Brendan Kuty of The Athletic. Bellinger can opt out after the second and third season, per Passan, who adds that there’s a $20MM signing bonus and full no-trade clause. The opt-outs will be pushed by a year if the 2027 season is wiped out by a lockout, per Nightengale. The Yanks currently have a 40-man vacancy and won’t need to make a corresponding move unless they fill that spot before this agreement becomes official.
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