Bregman, who had opted out of a three-year, $120 million deal with Boston, has signed a five-year, $175 million pact with the Cubs. It is the second-largest contract ever signed by a Jewish ballplayer, behind Max Fried’s $218 million contract in 2024. Bregman previously signed a five-year, $100 million extension with the Houston Astros in 2019.

Landing Alex Bregman is easily one of the biggest highlights of the Cubs’ offseason. The move clearly shifts the balance of power, but it didn’t come cheaply.

According to A.J. Pierzynski on Foul Territory, the Red Sox reportedly believed Bregman was bluffing about the contract offer he received from the Cubs. Then, once it was apparent it was real, it was far too late to convince Bregman to return.

After signing the third-richest contract in Chicago Cubs history and changing his jersey number to No. 3, third baseman Alex Bregman said his biggest priorities are his family and winning a third World Series championship.

The Boston Red Sox pivoted on Wednesday after losing out in the Alex Bregman sweepstakes, signing left‑handed starter Ranger Suarez to a five‑year, $130 million contract. The deal marked Boston’s first major addition of the MLB offseason.

But, David Schoenfield of ESPN had a more pessimistic reaction to the Bregman deal. He gives out grades for each big offseason move, and this contract with Bregman got a "C+" grade and was met with some odd concerns.

The Chicago Cubs’ blockbuster signing of Alex Bregman has created a roster logjam, making a trade of Gold Glove second baseman Nico Hoerner increasingly likely before spring training.