Bellinger Back in Bronx on Record-Setting 5-Year Deal

The New York Yankees re-signed Cody Bellinger to a five-year, $162.5 million contract with a $20 million signing bonus, full no-trade protection, and opt-outs after the second and third seasons. The deal pays $32.5 million in each of the first two years, has no deferrals, and opt-outs could be pushed a year if the 2027 season is wiped out by a lockout. The Yankees currently have a 40-man vacancy as they finalize terms, and the signing ends a lengthy negotiation that kept a key bat in New York after a productive previous season.