Chicago, Illinois – Cody Bellinger, a top hitter in free agency, has inked a three-year, $80 million deal with the Cubs, according to ESPN’s Jeff Passan. The contract includes opt-out clauses after the 2024 and 2025 seasons, with Bellinger set to earn $30 million in 2024 and 2025, and $20 million in 2026.
After a standout performance in the last season, where he hit .307/.356/.525 with 26 home runs and 20 stolen bases, Bellinger returns to the Cubs following a one-year deal in the previous winter. This success earned him a Silver Slugger award and a top-10 finish in the NL MVP voting, positioning him for a lucrative contract. Despite initial predictions of a larger deal, Bellinger’s negotiations led him back to Chicago.
However, Bellinger faced limited suitors outside of the Cubs, as other big-market clubs redirected their focus during the winter. Ultimately, the Cubs’ patience paid off as they secured Bellinger’s services for the 2024 season on a relatively affordable contract similar to that of Carlos Correa with the Twins.
While Bellinger’s rejuvenated 2023 season showcased his talent, concerns linger over his sustainability. His exceptional batting average was backed by a career-low strikeout rate but also relied on a heightened BABIP, raising questions about the long-term viability of his performance.
Despite these concerns, Bellinger’s youth and potential for future growth make him a valuable asset for the Cubs. If he maintains his 2023 level of production, Bellinger could opt-out of his current deal after two years, positioning himself for a more substantial payday in the future. This strategic move allows Bellinger to maximize his earnings while keeping his options open beyond the current agreement.
In the competitive landscape of professional baseball, Bellinger’s calculated decision reflects a nuanced approach to securing his future in the sport. As he embarks on this new chapter with the Cubs, all eyes will be on Bellinger to see how he navigates the challenges and opportunities that lie ahead in his career.