Yankees’ Decision Looms: Can They Retain Bellinger or Move On to New Trade Targets?

As the offseason continues to unfold, the New York Yankees find themselves in a precarious situation with Cody Bellinger, their star outfielder. Despite months of negotiation, the two sides have been unable to come to terms on a new contract, leaving the Yankees in a tough spot. The team has reportedly made an offer worth $160 million over five years for Bellinger, which includes two opt-out clauses to provide the outfielder with flexibility in the future.
However, time is running out, and the Yankees simply cannot afford to wait forever. Bellinger’s camp has yet to accept the offer, and with spring training around the corner, New York must make a decision: do they double down on trying to bring him back, or do they cut their losses and pivot to other moves?
Yankees Shift Focus to Trade Market
As the negotiations stall, the Yankees are beginning to explore alternative options. According to Brendan Kuty of The Athletic, New York is already looking into the trade market and preparing to move on from Bellinger if a deal can’t be reached soon. The decision to turn their attention to potential trades signals a shift in the Yankees’ strategy. If they find a deal that works for them, they may walk away from their pursuit of Bellinger entirely.
The Yankees’ willingness to pivot marks a significant development in the Bellinger saga. The team has invested considerable time and energy in trying to retain the former Chicago Cubs star, but with no deal in sight, the Yankees seem ready to move on. In a business as fast-paced and competitive as Major League Baseball, the Yankees are not about to let one player’s indecision hold them back from making other key moves.
Freddy Peralta: A New Target for the Yankees?
One of the most intriguing possibilities for the Yankees, according to Kuty, is the acquisition of Freddy Peralta, the star starting pitcher for the Milwaukee Brewers. The Yankees have reportedly maintained heavy interest in Peralta, who is coming off a standout season in 2025.
Peralta, 29, made 33 starts for the Brewers last season, compiling an impressive 17-6 record with a 2.70 ERA, 1.08 WHIP, and a 3.1 K/BB ratio. Over the course of 176.2 innings pitched, Peralta proved to be a highly reliable arm and would provide the Yankees with a much-needed boost in their rotation.
Adding a pitcher of Peralta’s caliber would be a huge coup for the Yankees, especially after a season where their rotation lacked consistency at times. His acquisition would drastically improve the Yankees’ chances of making a deep playoff run in the American League. While it would undoubtedly take a significant trade package to acquire Peralta, his ability to be a frontline starter for years to come makes him a valuable target for the Yankees.
The Impact of Losing Bellinger
However, parting ways with Bellinger would still represent a major loss for the Yankees. After acquiring him from the Chicago Cubs last offseason, the Yankees were quickly rewarded for their bold move. Bellinger played in 152 games during the 2025 campaign, slashing .272/.334/.480 with 29 home runs and 98 RBIs.
Replacing Bellinger’s offensive production would not be an easy task. His power at the plate and ability to drive in runs played a crucial role in the Yankees’ offense last season. In a competitive division like the AL East, losing a player of Bellinger’s caliber would undoubtedly be a blow to the team’s chances of contending in 2026. His departure would leave a significant gap in the outfield, and the Yankees would need to work quickly to fill it.
How Will the Yankees Proceed?
Despite the potential loss of Bellinger, the Yankees seem committed to improving their overall team depth. A potential trade for Peralta would solidify their rotation and reduce the burden on their offense, allowing them to remain competitive even if they don’t retain Bellinger.
The Yankees’ front office, led by general manager Brian Cashman, is known for being highly proactive in the trade market. With the team’s commitment to winning a World Series, it wouldn’t be surprising if they explored multiple trade options to improve their roster, even if that means parting ways with Bellinger.

As spring training draws nearer, the pressure is on for Bellinger to make a decision. If he remains hesitant, the Yankees may be forced to move on and focus on other moves to improve their roster.
The Clock is Ticking on Bellinger’s Decision
With each passing day, the Yankees’ decision becomes more pressing. Will they continue their pursuit of Bellinger, or will they pivot to the trade market and pursue other stars like Peralta?
The rumors surrounding Bellinger’s future in New York are far from over, and fans and analysts alike will be keeping a close eye on the situation in the coming days. As of now, Bellinger remains the Yankees’ top priority, but that could change quickly if they find a deal that improves their chances of winning the American League.
The drama surrounding Bellinger’s contract situation adds yet another layer of intrigue to an already captivating offseason for the Yankees. As the winter moves forward, one thing is clear: New York is ready to make bold moves to position themselves as contenders once again in 2026. Whether Bellinger remains in the fold or not, expect plenty of excitement in the Big Apple.