Opt-Out and Free Agency Status

On November 2, Bellinger exercised his contractual opt-out with the Yankees, rejecting a guaranteed $25 million salary for 2026 in favor of a $5 million buyout. This strategic decision allows him to pursue a larger contract through free agency, capitalizing on his strong 2025 performance.

The Yankees acquired Bellinger from the Cubs in December 2024 in exchange for right-hander Cody Poteet and cash considerations. His opt-out decision came after he delivered one of his best seasons since his MVP year, making him an attractive target for multiple franchises seeking outfield reinforcement.

Teams Actively Pursuing Bellinger

No fewer than three big-market teams are actively courting Bellinger, according to MLB Network insider Jon Paul Morosi. The primary suitors include the Yankees, Mets, Phillies, World Series champion Dodgers, and Blue Jays, all recognizing his value as both a hitter and defender.

The Mets view Bellinger as a solution for their outfield needs following the Brandon Nimmo trade, while also considering him as a potential first-base option if they cannot retain Pete Alonso. The Yankees are prioritizing his return to the Bronx, particularly after Trent Grisham accepted the qualifying offer to remain in New York's outfield alongside Aaron Judge.

2025 Season Performance and Value

Bellinger's 2025 campaign showcased his return to elite performance levels. He produced 29 home runs, 98 RBIs, and posted an .813 OPS with 4.9 FanGraphs WAR, ranking ninth best among primary outfielders. His 89 runs scored placed him 14th in the American League, while his 282 total bases ranked 10th.

Beyond offensive production, Bellinger's defensive contributions remain substantial. Capable of playing all three outfield spots, he recorded seven outs above average and a +9 fielding run value during the 2025 season. His baserunning prowess also adds value, with double-digit steals in three of the past four years, making him a complete player who impacts games in multiple dimensions.