Cody Bellinger has declined his end of a mutual option with the Cubs, the team informed reporters (including Meghan Montemurro of the Chicago Tribune). He receives a $5MM buyout and officially becomes a free agent. Chicago also announced they’ve declined their end of a $5MM mutual option on reliever Brad Boxberger. He collects an $800K buyout.
That makes taking the option buyout a formality. Bellinger is the clear #2 position player on the free agent market. Going into his age-28 campaign, he could find a deal approaching or exceeding a decade in length. The Cubs will make him a $20.325MM qualifying offer before Monday’s deadline. Bellinger will decline, thereby entitling Chicago to draft compensation if he signs with another team.
That makes taking the option buyout a formality. Bellinger is the clear #2 position player on the free agent market. Going into his age-28 campaign, he could find a deal approaching or exceeding a decade in length. The Cubs will make him a $20.325MM qualifying offer before Monday’s deadline. Bellinger will decline, thereby entitling Chicago to draft compensation if he signs with another team.