ESPN’s Jeff Passan broke the news.
They are sending Chicago right-handed reliever Cody Poteet, in exchange for Bellinger and $5 million.
The Cubs, ironically, landed Yankees target Kyle Tucker on Friday in a three-for-one trade.
The Bellinger acquisition is the second trade in a short span for the Yankees, who traded for Brewers’ star closer Devin Williams in exchange for Nestor Cortes and prospect Caleb Durbin on Friday.