Yankees and Cubs Make Progress on Cody Bellinger Trade, but Money Remains a Sticking Point

According to the New York Post, the Yankees and Cubs have made some progress in their trade discussions involving outfielder/first baseman Cody Bellinger. However, the deal is still on hold due to financial disagreements.

The Cubs are looking to offload Bellinger's contract entirely, as he is owed $27.5 million for the upcoming season. On the other hand, the Yankees want the Cubs to retain a portion of that salary. While there has been some movement in the negotiations, it remains unclear if the two sides will be able to come to an agreement.

Bellinger, who played last season on a $20 million club option, had a solid year with a 4.19 ERA over 165 1/3 innings. Despite his strong performance, his strikeout rate has declined over the past two seasons.