Bell exercised his $16.5 million player option for 2024 on Saturday, Jordan McPherson of the Miami Herald reports.

Bell began the season with the Guardians and struggled to a .701 OPS, but he thrived after arriving in Miami at the trade deadline, batting .270/.338/.480 with 11 home runs over 53 games for the Marlins down the stretch. The 31-year-old currently projects as the team's starting first baseman for 2024, although the Marlins could shift Bell to the designated hitter role if they find someone else to handle first.