Giants Extend Matt Chapman – MLB Trade Rumors

Giants Extend Matt Chapman – MLB Trade Rumors

The Giants made a major splash overnight, announcing that they’ve extended the contract of third baseman Matt Chapman. The deal guarantees Chapman $151MM over six years and runs from 2025 to 2030, with a $25MM annual salary and a $1MM signing bonus paid out in 2025. According to ESPN’s Jeff Passan, Chapman’s deal contains a no-trade clause.

Chapman, 31, signed with the Giants on a three-year deal worth $54MM with opt outs after each season over the offseason when his market didn’t develop to expected levels last winter. In the months since then, it’s become apparent that the first of those opt-out opportunities would be exercised as the infielder has largely quelled his doubters of him with his best season in half a decade. His first season in a Giants uniform has seen him post a strong .247/.343/.445 slash line, good for a 118 wRC+, in 136 games. In addition to a strong season at the plate, he’s also put together his most impressive defensive season in years with +7 OAA and +13 DRS, his best showing in either metric since 2021.

With Chapman poised to return to free agency in search of a bigger contract elsewhere, the Giants have now made sure that he’ll remain with the club for the foreseeable future. The third baseman’s deal figures to keep him in San Francisco through the end of his age-37 season, and matches the six-year, $150MM prediction we at MLBTR made regarding Chapman’s contract ahead of the 2023-24 offseason almost exactly. The contract is representative of the potential upside that players who take opt-out deals can find if their initial foray into free agency doesn’t go according to plan; Chapman now figures to ultimately walk away from his time with the Giants having pocketed $169MM over seven years, though of course this outcome required not only a healthy season from the 31-year-old but his best season overall since 2019.

By staying in San Francisco long-term, Chapman ensures that he will spend the majority of his playing career in the Bay Area. The longtime Athletic was selected 25th overall by Oakland in the 2014 draft and made his debut with the club back in 2017. He’d ultimately spend the first five seasons of his career in an A’s uniform, earning three Gold Glove awards, finishing in the top 10 of AL MVP voting twice, and making his first and so far only career All-Star game during that time. When the A’s began a total rebuild following the 2021 season, however, he was shipped to Toronto just before the 2022 campaign began and spent two years in Toronto. Now that Chapman is on a long-term deal with the Bay Area’s other MLB team, one of the stars of the Athletics’ final playoff team in Oakland will outlast the team itself in the community as the club stands poised to relocate following the 2024 campaign .

More to come…