After an unusually quiet winter, the New York Yankees appear to be stirring.
Reports indicate the Yankees have made a second offer to Cody Bellinger while also engaging the Miami Marlins in trade discussions centered on right-hander Edward Cabrera. For a club that has largely stayed on the sidelines, the timing of those talks feels meaningful.
Bellinger, 29, is coming off a productive 2025 season in which he hit.272 with a.334 on-base percentage, 29 home runs and 98 RBI. His.813 OPS and 125 wRC+ reflected a well-rounded offensive profile, while his strikeout rate remained among the lowest on the team. Bellinger’s defensive versatility, from the corner outfield to first base, only adds to his appeal for a Yankees roster still seeking balance and depth behind Aaron Judge.
A second offer indicates the Yankees believe the market may finally be aligning with their valuation for a left-handed bat who raises the lineup’s floor without forcing major structural changes.
At the same time, New York’s interest in Cabrera points to a parallel effort to bolster the rotation. The 27-year-old posted a 3.53 ERA over 137 2/3 innings in 2025, striking out 150 batters with a WHIP just above 1.20. His raw stuff has long intrigued evaluators, and his remaining years of team control make him an attractive target for a team looking to add upside without committing long-term dollars.
Cabrera is not without risk. Durability and command have both been issues at times, but the Yankees have consistently shown a willingness to bet on arms they believe can take a step forward with refinement.
After weeks of patience, restraint, and fan begging for any improvement, the Yankees appear ready to engage more aggressively, testing multiple paths rather than waiting for one market to resolve.
Whether either pursuit turns into a deal remains to be seen. But for the first time this offseason, the Yankees are no longer simply watching.
