Cody Bellinger Makes Decision On 2024 Option With Cubs

Cody Bellinger, a versatile player capable of filling the roles of first baseman and outfielder, has chosen to decline the $12.5 million mutual option with the Chicago Cubs, making him a free agent with a $5 million buyout.

This move was highly anticipated, given Bellinger's strategic one-year contract with the Cubs after leaving the Los Angeles Dodgers.

His plan to rebound after a challenging season was a resounding success in 2023. Bellinger put on a remarkable display, hitting 26 home runs while boasting a .307/.356/.525 batting line, along with 97 RBIs, 20 stolen bases, and 95 runs scored across 130 games played.

OPTION: #Cubs OF/1B Cody Bellinger has declined his end of a mutual option with Chicago. He receives a $5M buyout.
— MLB Transaction Tracker (@MLBMovesTracker) November 4, 2023

With only a brief absence due to a left knee injury, Bellinger's season marked him as one of the premier position players in the upcoming free-agent market.

As the 28-year-old former NL MVP enters free agency, he is poised to be one of the most sought-after players of the offseason.

The Cubs are expected to extend a $20.325 million qualifying offer to Bellinger, a gesture he is likely to decline.

This decision opens the door for various teams to pursue his services.

Cody Bellinger declined his mutual option with the Cubs and will become a free agent, per @JesseRogersESPN pic.twitter.com/ccRUJMO5fO
— Talkin’ Baseball (@TalkinBaseball_) November 3, 2023

Bellinger's exceptional offensive and defensive skills, along with his remarkable 2023 season, make him an attractive addition for any team looking to bolster their roster, adding a compelling storyline to the winter's free agency period. Photo Credit: Brett Davis-USA TODAY Sports