New York — In a move that shook the baseball world, the New York Yankees have officially announced a multi-year extension for young star Ben Rice, transforming him from a promising prospect into a long-term mainstay of the team. The contract is reportedly for eight years and is worth around $360 million, putting Rice among the largest contracts for a position other than a pitcher.
According to the official announcement, GM Brian Cashman described Ben Rice as “a new spirit, energy, and identity for the team” — someone the organization believes will lead the Yankees for the next decade. Rice is expected to play first base/DH, with the ability to catch if needed.
Insiders say the board spent six months negotiating, weighing whether to keep Rice or use him as leverage to trade for another star player. But the strategy was clear: the Yankees chose to protect the young asset.
Prior to the permanent deal, Rice was still in pre-arbitration, signing only a season-by-season commitment — his 2025 salary was reported to be around $782,800.
The transition from a short-term to a multi-year deal marked a maturation of Rice’s career — not just as a potential player, but as someone the organization was committed to for the long term.
In the 2025 season, Ben Rice showed serious cleanup power. He posted a .255 average, 26 homers, and 65 RBIs, playing the versatile position of first base and occasionally catcher.
Rice’s role has also become more prominent amid the Yankees’ decision to part ways with Paul Goldschmidt, or at least lessen their reliance on him at first base. According to multiple sources, the team is ready to turn their trust in Rice as the “first baseman of the future.”
In addition, trade value and interest from other teams have also contributed to the deal. Ben Rice has been in the mix for trade talks multiple times — but the Yankees have been persistent in keeping him and are now moving toward a long-term commitment.
The news was met with a wave of fanfare:
On Twitter and MLB forums, fans called the move “the biggest boost since they signed Judge”
Many commentators expressed confidence that Rice would become the face of the new generation of Yankees
Sports media outlets called it a risky move — but with potential
In addition, part of the contract reportedly includes a high-performance bonus — if Rice hits 30+ home runs in a season, or leads the team in total run production (RBI + WAR), he will receive a huge bonus.
Of course, a permanent contract means a lot of pressure. Rice will be scrutinized every step of the way by the public, from the media to the locker room. If he falters, the contract could become a burden.
But look at the potential: Rice once set a record as the first Yankees rookie to hit 3 home runs in a game (as a youngster); He also has the defensive versatility and the ability to fit into the team’s long-term plans.
The Yankees also promised to combine Rice with key players like Aaron Judge, Gerrit Cole, and Max Fried to create a stable and youthful lineup.
This morning, the New York Yankees didn’t just sign a player — they bet on trust. If Ben Rice commits to developing, this contract could become a model for the transition from talent to icon. But if he stumbles, his shadow will follow the team forever.
In any case, from now on, the name Ben Rice has moved from “potential list” to “Yankees legacy.” And the entire baseball world will be watching: will he deliver on trust or ruin it?
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