The 35-year-old played in just 49 games in the final season of a three-year deal with the Rockies in 2014, hitting .332/.376/.579 in 190 at bats with 10 home runs and 31 runs batted in. He won the National League batting crown in 2013, hitting .331 in his best season in Colorado.
Cuddyer signed a three-year, $31.5 million deal with the Rockies prior to the 2012 season and played 280 of a possible 486 games with Colorado over that span, hitting .307/.362/.525 over the three seasons with 46 home runs, 3.5 rWAR and an All-Star appearance to show for his efforts.
In Cuddyer's absence, Charlie Blackmon played a lot of right field for the Rockies in 2014, cooling off after a hot start in April to hit a still-respectable .288/.345/.440 for the season with 19 home runs and 28 stolen bases.
If Cuddyer is not in Colorado in 2015, it is likely Blackmon would see a lot of time in right field again, and a platoon of the left-handed Blackmon and righty Kyle Parker in right field is a strong possibility, and it would likely be a lot more cost-effective option that spending several million dollars to bring back Cuddyer.