Chicago Cubs player Cody Bellinger turns down $25 million mutual option for 2024, entering free agency.
Bellinger, the 2019 NL MVP, rebounds with a strong 2023 season, hitting .307 with 26 home runs and 97 RBIs.
The Cubs signed Bellinger for a one-year, $17.5 million contract, helping them contend for a playoff spot.
Cody Bellinger had a $12.5 million salary in 2023 and receives a $5 million buyout.
The Chicago White Sox decline a $15 million club option on closer Liam Hendriks.
Right-hander Mike Clevinger also opts out of his $12 million mutual option.
Jorge Soler opts out of his contract with the Miami Marlins, giving up a $13 million salary for 2024.
Detroit Tigers decline the $30 million option on retiring star Miguel Cabrera, settling for an $8 million buyout.
Omar Narváez exercises a $7 million player option with the New York Mets, staying with the team.
The Oakland Athletics decline Drew Rucinski's $5 million option, making him a free agent after a challenging season.