Cody Bellinger is officially back with the New York Yankees after the club announced a five-year deal with two player opt-outs for the former National League MVP on Monday.

The Yankees did not release financial terms, but multiple reports last Wednesday indicated Bellinger would sign a five-year, $162.5 million contract with opt-outs after the second and third seasons, a full no-trade clause and a $20 million signing bonus.

Represented by agent Scott Boras, Bellinger became a free agent after turning down his $25 million player option for 2026.

Bellinger, 30, joined the Yankees in a December 2024 trade that sent right-hander Cody Poteet to the Chicago Cubs. He signed a three-year, $80 million deal with the Cubs before the 2024 season, with opt-outs after the first and second years.

Bellinger batted .272 with 29 home runs, 98 RBIs and 13 steals last season. He played in 152 games, his most since his 2019 MVP campaign with the Los Angeles Dodgers.

The versatile defender started 38 games in center field, 48 in right and 59 in left, in addition to three games at first base during the regular season.

–Field Level Media