By
Nick Deeds | February 25, 2024 at 7:14am CDT
One of free agency’s top hitters reached an agreement overnight, as center fielder
Cody Bellinger is in agreement with the Cubs on a three-year, $80MM deal per
Jeff Passan of ESPN. Per Passan, the deal includes opt-outs following the 2024 and 2025 seasons. Passan adds that the deal is slightly frontloaded, with Bellinger making $30MM in 2024 and 2025 with a $20MM salary in 2026.
Bellinger returns to the Cubs after signing a one-year deal with the club last winter and delivering an excellent platform campaign. In 556 trips to the plate, the 28-year-old slashed .307/.356/.525 with 26 home runs and 20 stolen bases while splitting time between center field and first base for Chicago. That performance earned Bellinger a Silver Slugger award and a top-10 finish in NL MVP voting and seemingly left him poised to cash in this winter with a major contract. MLBTR ranked Bellinger as the #2 free agent in this year’s class behind only two-way superstar
Shohei Ohtani, predicting a 12-year, $264MM deal for the outfielder in our annual
Top 50 MLB free agents list.
That prediction proved to land well over where Bellinger wound up signing. While Bellinger entered the winter with plenty of big market clubs seemingly in the running for his services including the Giants, Yankees, and Blue Jays, each pivoted in other directions throughout the month of December: San Francisco landed KBO star
Jung Hoo Lee to patrol center,
Juan Soto was shipped to the Bronx to fill the left-handed void in their outfield mix, and the Blue Jays changed course after missing out on Shohei Ohtani to instead focus on smaller deals for players such as
Kevin Kiermaier and
Isiah Kiner-Falefa. That left Bellinger with few clear suitors outside of the incumbent Cubs, though his free agency continued into Spring Training as his camp held out for a long term deal while the Cubs and president of baseball operations Jed Hoyer remained steadfast in their patience. Ultimately, Chicago was rewarded for its patience, as the club will retain Bellinger’s services for at least the 2024 campaign on a relatively low-cost deal similar to the three-year, $105MM deal fellow Boras Corporation client
Carlos Correa signed with the Twins two offseasons ago.