The Yankees have formally offered a contract to Cody Bellinger, who excelled in his first season with the team, hitting .272 with 29 home runs. New York acquired him from the Cubs while assuming most of his contract, and now they may need to commit to a five- or six-year deal as he enters his age-30 season. The Yankees’ offseason has been quiet, with only a qualifying offer to Trent Grisham as a notable move, but they are expected to pursue further acquisitions, possibly including top free agents Kyle Tucker or Bo Bichette. Their current luxury tax projection stands at $286MM, with a desire to remain below $300MM, despite past payrolls exceeding that mark.
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