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Yankees’ Post-Cody Bellinger Plan Includes $5M All-Star Option

Cody Bellinger, New York Yankees
Oct 1, 2025; Bronx, New York, USA; New York Yankees left fielder Cody Bellinger (35) reacts after flying out during the third inning against the Boston Red Sox during game two of the Wildcard round for the 2025 MLB playoffs at Yankee Stadium. Mandatory Credit: Brad Penner-Imagn Images

The New York Yankees remain deeply engaged in efforts to bring back Cody Bellinger, the versatile outfielder who delivered a strong performance for them in 2025. However, with competition heating up from several big-market clubs, the team is wisely exploring alternatives to bolster their outfield depth.

Bellinger, who opted out of his contract after a productive year that included 29 home runs and elite defensive play, stands out as one of the premier position players available this offseason.

MLB insider Jon Heyman has highlighted Bellinger’s status as the Yankees’ primary focus among free agents.

Yet, recognizing the unpredictability of free agency, the Yankees have begun inquiries into other options. Notably, they have reached out regarding Austin Hays, the former Cincinnati Reds outfielder who recently became available.

“The Yankees also have checked in on Austin Hays,” Heyman wrote on X. “Hays becomes more realistic for them if they are unable to retain their No. 1 target Cody Bellinger.”

Hays earned All-Star recognition in 2023 while with the Baltimore Orioles. After a challenging 2024 split between Baltimore and Philadelphia, he signed a one-year, $5 million contract with the Reds for 2025 and showed signs of resurgence.

In 103 games for Cincinnati, Hays recorded a .266 batting average, .315 on-base percentage, and .453 slugging percentage, driving in 15 homers. The Reds ultimately turned down his $12 million option, allowing him to enter free agency.

Though Hays does not match Bellinger’s overall impact—particularly in terms of defensive range and switch-hitting versatility—he offers specific strengths that could complement the Yankees’ roster. He excels dramatically against left-handed pitchers, posting a .949 OPS in those matchups during 2025.

Interestingly, most of his power output came against right-handers, with 13 of his 15 home runs off them. This split could allow for creative platoon arrangements, especially in left field alongside prospects like Jasson Domínguez.

Even without adding a high-profile name like Bellinger, the Yankees’ outfield appears solid heading into 2026. Captain Aaron Judge anchors center or right field, backed by reliable defender Trent Grisham.

Young talents Domínguez and Spencer Jones provide upside, with Jones potentially ready for his major league debut after progressing through the minors. Adding Hays would serve as insurance against any growing pains from the prospects.

Market projections from Spotrac suggest Hays could command around a one-year, $5 million contract—making him a budget-friendly addition compared to Bellinger’s likely multi-year, high-value deal.

Other teams are also monitoring Hays. The Kansas City Royals continue to express interest, while the crosstown New York Mets have held internal discussions about him as a right-handed bat to balance their lineup.

As the offseason progresses into late December, the Yankees’ strategy reflects a balanced approach: aggressively pursuing Bellinger while preparing sensible backups. This prudence could pay off if bidding escalates beyond their comfort level.

Hays’ proven track record against southpaws and reasonable cost make him an intriguing fallback. Pairing him in a platoon with Domínguez could yield offensive production comparable to Bellinger’s in certain scenarios, though it would come with trade-offs in defense.

Ultimately, the Yankees’ outfield flexibility—bolstered by Judge’s superstar presence and emerging youth—positions them well regardless of how the Bellinger saga unfolds. Fans await resolution, but the front office’s proactive planning offers reassurance amid the uncertainty.

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