
New York Yankees fans and fantasy baseball players can breathe a sigh of relief with the news that Cody Bellinger has agreed to a five-year/$162.5 million contract and will be a Bronx Bomber in 2026. The deal provides Bellinger with a $20 million signing bonus and includes opt-outs after the second and third seasons. Bellinger was also granted a full no-trade clause as part of his deal. Remaining a part of a powerful Yankees lineup that led MLB in runs scored last season will help Bellinger retain his value as a highly productive top 20 fantasy baseball outfielder.
Bellinger declined his end-of-season $25 million player option and became a free agent but despite his agent Scott Boras’ cryptic claims that he had multiple teams interested in signing him, Bellinger quietly made it known that he preferred to re-sign with the Yankees in 2026. Even though they kicked the tires on free agents like Kyle Tucker and Bo Bichette, it was common knowledge that the Yankees were very interested in bringing Bellinger back as well.
In re-signing Bellinger, the Yankees are retaining a well-known commodity who had very good success in his first season playing in the Bronx. As a left-handed power hitter who likes to pull the ball and hit fly balls, Bellinger’s batting profile is perfect for Yankee Stadium and its short porch in right field.
Bellinger hit 29 home runs (his most since 2019), stole 13 bases and drove in 98 runs for the Yankees in 2025. Overall, he posted a .272 BA and an .813 OPS in 152 games. However, his BA and OPS were a hefty .302 and .909 respectively, in 80 home games at Yankee Stadium.
At 30 years old, Bellinger is still in his prime and likely to continue to be an elite five-category contributor in 2026. He spent much of last season batting third behind Aaron Judge in the Yankees lineup and will likely continue to do so this season.
With Judge, Bellinger, Ben Rice and Giancarlo Stanton projected to be the 2-3-4-5 hitters in the Yankees 2026 lineup, opposing pitchers will have a hard time pitching around the core of the Bronx Bombers’ potent lineup. As a main cog in the Yankees’ power-laden lineup, Bellinger will once again be a home run threat and should continue to be a major contributor in the runs scored and RBI categories.
Bellinger’s potential to be multi-position eligible (OF/1B) by the end of the season adds to his fantasy baseball value. He played just four games at first base in 2025, but Bellinger is expected to split time at first base with Rice in 2026 and gain eligibility at “the other hot corner” in most fantasy baseball league formats by season’s end.
With Bellinger’s fantasy baseball value expected to increase this season the same can’t be said for Yankees outfielder Jasson Dominguez. Dominguez was expected to be the Yankees’ everyday left fielder if Bellinger had signed elsewhere. Dominguez will likely be a part-time player or a potential trade chip in 2026.
As this article is being written, Bellinger is the 18th fantasy baseball outfielder being selected in preseason NFBC drafts. He has an overall ADP of 81.58 in NFBC’s five-outfielder leagues making him a seventh-round pick in NFBC’s 15-team league format. He’s been selected as high as pick 32 and as low as the 120th overall pick in NFBC’s drafts.
Bellinger may not be the same player that he was during his 2017 Rookie of the Year and 2019 MVP seasons, but fantasy baseball five-category contributors with good plate discipline are hard to find. He’s a low-risk fantasy baseball asset that you should target in the middle rounds of most fantasy baseball drafts. Bellinger’s current projected stats are a bit on the low side, possibly because of the uncertainty of where he’d land in free agency. But now that he has re-signed with the Yankees look for him to produce a BA in the .260 to .270 range with the potential for a 30 HR/15 SB season in 2026.
How does Cody Bellinger’s Yankees re-signing affect his fantasy value?
Positively, in that this locks in his role in the stacked lineup for run/RBI boosts.
What is Cody Bellinger’s projected lineup spot in 2026?
Likely 3-5 in the core with Soto/Judge/Stanton.
Is Cody Bellinger still a top fantasy outfielder in 2026?
Yes, top-10-15 OF with 28-32 HR and 10-14 SB upside.
Cody Bellinger 2026 fantasy projections?
.265-.275 AVG, 28-32 HR, 90-105 RBI, 95-110 R, 10-14 SB.
Where will Cody Bellinger be drafted in 2026?
Round 4-6 in most leagues.
Does Bellinger re-signing hurt his value?
No, enhances opportunities with no team change.
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