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Third baseman Matt Chapman and the San Francisco Giants have finalized their contract that guarantees the former Toronto Blue Jays slugger $54 million over three years.
Chapman receives a $2 million signing bonus and a $16 million salary this year under the deal announced Sunday, and his deal includes a $17 million player option for 2025 with a $2 million buyout. If Chapman exercises that option, he has an $18 million player option for 2026 with a $3 million buyout. The deal includes a $20 million mutual option for 2027 with a $1 million buyout.
As a result, he could earn $20 million for one year, $38 million for two years, $54 million for three years, or $73 million for four years.
Chapman’s deal is similar to the three-year, $80 million deal between the Chicago Cubs and outfielder Cody Bellinger, who can earn $30 million this year, $30 million in 2025 and $20 million in 2026. The former NBA MVP National League may also choose not to participate. after each season.
Both deals were negotiated by agent Scott Boras, who also has pitchers Blake Snell and Jordan Montgomery along with designated hitter JD Martinez still on the market.
Chapman, 30, won his fourth Gold Glove last year and turned down a $20,325,000 qualifying offer from Toronto. Because Chapman rejected the qualifying offer, the Giants lost their second-round pick and gave up $500,000 of their international signing bonus pool. Toronto gets an additional draft pick after the fourth round.
Chapman batted .240 with 17 home runs, 39 doubles, 54 RBI and an on-base slugging percentage over .755 in 140 games. Toronto finished third in the American League East at 89-73 and was swept by Minnesota in their best-of-three Wild Card Series.
Chapman got off to a great start, batting .384 with a 1.152 OPS and 21 RBI through the end of April, but fell most of the rest of the way, falling to .205 with five home runs, 15 RBI and a .663 OPS. In the second half.
Familiar with new Giants manager Melvin
Chapman finished the season with 17 home runs and 54 RBIs in 140 games and was named American League player of the month for April.
The Blue Jays originally acquired Chapman in a deal with the Oakland Athletics in March 2022.
Chapman is familiar with new Giants manager Bob Melvin, having played for him during his five years with the A’s.
The right-handed hitter set career highs with 36 home runs and 91 RBIs for Oakland in 2019, when he made its only all-star team and finished sixth in American League Most Valuable Player voting.
His OPS fell to .716 with 202 strikeouts in 2021 before a rebuilding Oakland team traded him to Toronto for a four-player package.
Chapman is a career .240 hitter with 155 home runs and a .790 OPS in seven major league seasons. He ranked seventh in American League Most Valuable Player voting in 2018.
Chapman was selected 25th overall by the A’s in the 2014 amateur draft out of Cal State Fullerton. He played the last two seasons under a two-year, $25 million contract, earning a salary of $12.5 million each season.
JD Davis is the Giants’ starter at third base and can also play first base and left field. Chapman hit .307 with a .890 OPS against left-handed pitching last year, while Davis hit .247 with a .728 OPS against left-handers.
Chapman will become the Giants’ fourth free agent signing after outfielder Jorge Soler agreed to a three-year deal worth $43 million, reliever and former Blue Jay Jordan Hicks agreed to a four-year deal and 44 million dollars and catcher Tom Murphy will sign an agreement. Two-year deal worth $8.25 million.
Chapman will make a $90,000 donation this year to the Giants Community Fund and, if the options are exercised, $85,000 in 2025, $90,000 in 2026 and $100,000 in 2027.
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