Cody Bellinger has been a major focus of trade rumors this offseason, with the New York Yankees identified as a potential landing spot for the versatile outfielder and first baseman. However, financial issues are currently stalling any potential trade between the Yankees and the Chicago Cubs.
As reported by Jon Heyman, the deal is at an impasse due to a disagreement over Bellinger’s salary. The Yankees believe the Cubs should absorb a portion of the $52.5 million left on Bellinger’s contract over the next two years, including an opt-out clause after the 2025 season. However, the Cubs are unwilling to take on any of the salary burden, and the Yankees are hesitant to cover the full amount, making it difficult to reach an agreement.
At 29, Bellinger’s career has been a mix of highs and lows. He won the MVP award in 2019, but his 2024 season was less impressive, marred by injuries. Despite a .266 batting average, 18 home runs, and a .751 OPS, Bellinger’s defensive flexibility remains a strong asset. He is capable of playing both center field and first base, positions where the Yankees have significant needs.
For the Yankees, Bellinger could be a solid fallback option after missing out on Juan Soto. As noted by Randy Miller of NJ.com, Bellinger’s left-handed bat and elite defensive abilities make him a great fit for New York, particularly as the team looks to strengthen its outfield and infield.
The main sticking point in these negotiations is Bellinger’s contract. While the Cubs recognize his value, they are using his salary as leverage, reportedly exploring other high-profile trades, including a potential deal for Houston Astros outfielder Kyle Tucker. For the Yankees, taking on Bellinger’s full contract could be a challenge, as it would limit their financial flexibility to address other roster needs, such as adding pitching or making long-term improvements.
If the Yankees aren’t willing to meet the Cubs’ demands, they could be left searching for another way to upgrade their lineup after losing out on Soto to the Mets. The ongoing financial standoff between the two teams has turned the trade talks into a high-pressure situation, with both sides holding firm on their positions. The clock is ticking for a resolution.
Should the two teams find common ground, the trade could be a win for both sides. Bellinger would add valuable versatility to the Yankees’ roster, while the Cubs would gain payroll flexibility to pursue other needs. For now, however, the financial disagreement remains the primary obstacle to completing the deal.