The Chicago Cubs have made a significant move by re-signing outfielder/first baseman Cody Bellinger to a three-year, $80 million deal. While the team has yet to officially confirm the signing, the contract structure appears to benefit both Bellinger and the Cubs.
Bellinger had a strong season in 2023 with the Cubs, posting a .881 OPS with 26 home runs and 29 doubles. This performance marked a bounceback for Bellinger, who had struggled in his final years with the Dodgers due to injuries and poor form, leading to his release after the 2022 season.
The contract includes opt-outs for Bellinger after the 2024 and 2025 seasons, providing him with the opportunity to showcase his abilities and potentially secure a more lucrative deal in the future. At 28 years old, Bellinger still has time to prove himself and seek a longer-term contract down the line.
For the Cubs, retaining Bellinger strengthens their roster and improves their prospects for the 2024 season. With Bellinger's impact, the team's win projections are expected to rise, making them more competitive in the NL Central division.
Bellinger's presence also benefits the Cubs in the long term by allowing for the development of young players in their farm system. Players like Pete Crow-Armstrong and Michael Busch stand to benefit from Bellinger's experience and leadership, enhancing their growth and potential contributions to the team.
The structure of Bellinger's contract reflects a broader trend in MLB towards shorter-term deals with higher average annual values and opt-out clauses. This arrangement offers flexibility for both players and teams, allowing for adjustments based on performance and market conditions.
In conclusion, the re-signing of Cody Bellinger by the Chicago Cubs represents a strategic move that not only bolsters the team's immediate prospects but also supports their long-term goals of sustained competitiveness and player development.