Cody Bellinger Re-Signs with Chicago Cubs on a Three-Year, $80 Million Deal

After an offseason filled with uncertainty, Cody Bellinger returns to the Cubs with a contract that includes opt-outs after the first two years.

Cody Bellinger, former MVP, re-signs with the Chicago Cubs on a three-year deal worth $80 million, with opt-outs after each of the first two years.
Despite seeking a longer-term contract, Bellinger expressed satisfaction with the deal, emphasizing his love for Wrigley Field and the Cubs' fans.
Agent Scott Boras highlighted the challenging market conditions, including a decrease in long-term deals and nearly a dozen teams cutting payroll, as factors in the contract negotiations.
Bellinger's strong performance in the 2023 season, including a 134 wRC+ over 130 games and quality defense, contributed to his desire to stay with the Cubs.
The Cubs and Bellinger aim for a postseason return, building on the near-miss in the previous season and leveraging Bellinger's resurgence.