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The New York Yankees are hoping to re-sign Cody Bellinger.

The New York Yankees have been linked to several marquee free agents in ongoing MLB rumors, but the club faces their own challenges in re-signing a number of notable key players. New York’s offseason path will be heavily dictated by what 2-time All-Star Cody Bellinger decides to do in MLB free agency.

There continues to be a growing buzz that the Yankees will be able to re-sign Bellinger, but New York also faces competition from opposing clubs. The Athletic’s Andy McCullough offered a major prediction for every MLB team. New York re-signs Bellinger in the analyst’s latest predictions.

“Bellinger proved to be an excellent fit during his first season in The Bronx, and the Yankees appear interested in making a long-term commitment,” McCullough detailed in a November 25, 2025, story titled, “One Black Friday 2025 free-agent deal for every MLB team.”

“At 30, Bellinger has already been through so much in his career: from MVP to DFA to less flashy but still productive years with the Cubs and Yankees. His versatility in the field and adaptability at the plate make him a solid bet to stay productive during a lengthy deal.”

Here’s a look at the latest Yankees rumors and news amid MLB free agency.

Yankees OF Cody Bellinger’s Projected Market Value is a 6-Year, $182 Million Contract

Bellinger opted out of a three-year, $80 million contract and could be headed for an even larger payday. Spotrac projects Bellinger’s market value to be a six-year, $182 million contract.

Bellinger’s agent Scott Boras sounded optimistic that the star could re-sign with the Yankees.

“Really, he’s the only five-tool free agent outfielder,” Boras said of Bellinger’s future during a November 12, interview with USA Today’s Bob Nightengale. “And when you look at the ‘25 season, I’d say among all the free agent outfielders, he was the top gun of the class.

“… I think the Yankees are looking to improve, not subtract. So since Grisham and Bellinger were both on the team in that year.”

Yankees GM Brian Cashman on Cody Bellinger’s Future Amid Rumors: ‘We’re Very Interested in Bringing (Bellinger) Back’

Like the Yankees, the Los Angeles Dodgers have been linked to several marquee free agents, including Bellinger. The Dodgers already have familiarity with Bellinger from his first six MLB seasons with the club. Despite buzz about the Dodgers and other franchises, Yankees general manager Brian Cashman has maintained that the team wants to re-sign Bellinger

“We’re very interested in bringing [Bellinger] back,” Cashman noted, per Nightengale. “He’s going to have a lot of choices because he can do a lot of different things.

“He was a terrific addition for us last year … We’d be better served if we could retain him. But if not, we’ll have to look at alternative ways to fill it and see where that takes us.”

The Yankees already received good news with Trent Grisham accepting the team’s qualifying offer. Now, New York looks to bring back Bellinger which could end up being an expensive move.

Bellinger hit .272 with 98 RBI and 29 home runs in 152 appearances for the Yankees in 2025.

Jonathan Adams is a veteran sports contributor covering the NFL, NBA and golf for Heavy.com. His work has been prominently featured on NFL.com, Yahoo Sports, Pro Football Talk, CBS Sports, Bleacher Report and Sports Illustrated. More about Jonathan Adams