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Numerous MLB Players Decline Contract Options, Setting Stage for Offseason Market Changes

Key players including Cody Bellinger, Liam Hendriks, Wade Miley, and Justin Turner reject contract options for the 2024 season, transforming the MLB free-agent market.

Overview

  • Chicago Cubs' Cody Bellinger, who had a successful season after being cut by the LA Dodgers due to injuries, has declined his $25 million mutual option for 2024 and will be testing the free-agent market.
  • White Sox's pitcher Liam Hendriks, who returned in May after being listed on the injured list for Non-Hodgkin's lymphoma treatment, had his $15 million club option declined by the team.
  • Wade Miley declined his $10 million mutual option with the Milwaukee Brewers, making him a free-agent after a successful season that saw him help the Brewers win the NL Central title.
  • Justin Turner declined his $13.4 million player option with the Boston Red Sox, after hitting .276 with 23 home runs in the previous season.
  • Outfielder Jorge Soler has opted out of his contract with the Miami Marlins, rejecting a $13 million salary for 2024, after hitting .269 with 36 home runs and 75 RBIs in the previous season.