The $200 Million Question: Should the Yankees Gamble on Cody Bellinger Again? lt

The Yankees surprised the baseball world last offseason when they made a trade with the Chicago Cubs for former MVP Cody Bellinger.

Bellinger was a part of GM Brian Cashman and his front office’s Plan B after Juan Soto signed with the Mets in free agency. Did they expect Bellinger, who rehabilitated his career in Chicago, to replace the offensive production Soto gave them in their World Series run a year ago? Of course not, but after a humiliating defeat at the hands of the Dodgers, run prevention and defense were the mantra and Bellinger provided that with his elite defense.

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It was a risky move. Bellinger’s end in Los Angeles was not great, and after a very good first season on the North Side, he had a down 2024. But once Bellinger donned the pinstripes, he was a revelation, complementing Aaron Judge in the outfield perfectly and providing the defense the team lacked a season ago.

With Bellinger likely to opt out of his player option this offseason — and no one would blame him — should the Yankees pursue a reunion with the 30-year-old?

Aug 28, 2025; Chicago, Illinois, USA; New York Yankees outfielder Cody Bellinger (35) celebrates with designated hitter Aaron Judge (99) after they score on Bellinger’s two run home run against the Chicago White Sox during the first inning at Rate Field.

Aug 28, 2025; Chicago, Illinois, USA; New York Yankees outfielder Cody Bellinger (35) celebrates with designated hitter Aaron Judge (99) after they score on Bellinger’s two run home run against the Chicago White Sox during the first inning at Rate Field. / Matt Marton-Imagn Images

Why Yankees should re-sign Cody Bellinger

Bellinger had one of the best seasons of his career in 2025.

He batted .272 (third-best in his career), had an OBP of .334 (fourth-best), slugged .480 (third-best) and had an OPS of .813 (fifth-best). His 29 home runs were the third-most of his career and his 98 RBI were the second-most. He was also the Yankees’ most clutch hitter, batting .348 with runners in scoring position. Next season, Bellinger will enter his age-31 year, so it’s not like he’s aging and the production should not be expected to dip. Similar production in 2026 is not far-fetched.

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On the defensive end, Bellinger made a number of game-saving plays this season. The catch and throw double play to salvage a game against the Mets this summer and his sliding grabs in the postseason are notable, and the Yankees haven’t had an elite defender in left field in years.

According to Baseball Savant, Bellinger was in the 93rd percentile in outs above average (OAA) this season and still has a solid arm — ranking in the 83rd percentile. Runners were also only 31 percent successful in advancing to the next base against him.

Depending on how Judge recovers from his ailing elbow this offseason — or if he needs surgery — and Trent Grisham testing free agency, the Yankees need all the defense they can get.

Oct 1, 2025; Bronx, New York, USA; New York Yankees left fielder Cody Bellinger (35) reacts after flying out during the third inning against the Boston Red Sox during game two of the Wildcard round for the 2025 MLB playoffs at Yankee Stadium. Mandatory Credit: Brad Penner-Imagn Images

Oct 1, 2025; Bronx, New York, USA; New York Yankees left fielder Cody Bellinger (35) reacts after flying out during the third inning against the Boston Red Sox during game two of the Wildcard round for the 2025 MLB playoffs at Yankee Stadium. Mandatory Credit: Brad Penner-Imagn Images / © Brad Penner-Imagn Images

Why Yankees should not re-sign Cody Bellinger

The argument for letting Bellinger walk is two-fold. The first is tied to money.

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Bellinger is walking away from a player option that would have paid him $25 million. With the very good season he had, Bellinger will look to get $30 million a year with a team. And while he’s expressed that he’s open to returning to the Yankees, the team will have to look long and hard to see if they are willing to give Bellinger the contract he’s looking for.

The other side is the young outfielders the Yankees currently have. Jasson Dominguez is still looked at as a potential everyday outfielder. However, the youngster’s inconsistent production, and Bellinger and Grisham’s play in 2025 prevented Dominguez from seeing a lot of playing time. How the Yankees handle Bellinger and Grisham (who is also a free agent) in the offseason could keep Dominguez out of the loop.

There’s also prospect Spencer Jones, who seemingly out of nowhere began to be very productive in Double-A before his promotion to Triple-A. With the young slugger on the cusp of a call-up, the number of outfield spots on the Yankees is limited, especially if you bring back Bellinger.

Bellinger is a solid postseason hitter, but it’s nothing to write home about. In his seven trips to the postseason, Bellinger has 10 home runs and driven in 37 RBI. He was the NLCS MVP back in 2018 with the Dodgers and was a powerhouse in Los Angeles’ World Series run back in 2020 when he launched four bombs.

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But lately, he hasn’t gotten the job done. This postseason, Bellinger was 6-for-31 with just one home run and four RBI. At times, it looked like he was incapable of lifting the ball. Whether that had to do with his foot injury is unknown, but he couldn’t deliver for the Yankees behind Judge this time around.

Oct 1, 2025; Bronx, New York, USA; New York Yankees right fielder Aaron Judge (99) speaks to New York Yankees left fielder Cody Bellinger (35) after the fifth inning against the Boston Red Sox during game two of the Wildcard round for the 2025 MLB playoffs at Yankee Stadium.

Oct 1, 2025; Bronx, New York, USA; New York Yankees right fielder Aaron Judge (99) speaks to New York Yankees left fielder Cody Bellinger (35) after the fifth inning against the Boston Red Sox during game two of the Wildcard round for the 2025 MLB playoffs at Yankee Stadium. / Brad Penner-Imagn Images

Verdict

With the Yankees’ perpetual win-now mentality, they need to bring in at least one veteran outfielder to pair with Judge. Bellinger’s production made him a great No. 2 to the captain, especially when Giancarlo Stanton was on the injured list. His defense saved games and if New York is looking to give Dominguez a real shot, they’ll need it to cover up the youngster’s deficiencies.

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Bellinger also gives the Yankees versatility, being able to play first base when needed. If the Yankees want to bring up Jones to get some time in the big leagues, Bellinger could slide over to first base to allow for that to happen in the outfield.

While this postseason’s numbers weren’t great, given another shot, Bellinger will likely deliver.

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