Giants, Chapman agree to 1-year, $18M deal with 2 player options
The San Francisco Giants and Gold Glove third baseman Matt Chapman agreed to a one-year, $18-million contract, the club announced Sunday.
Chapman will earn $16 million in 2024 with a $2-million signing bonus. The contract also includes a $17-million player option for the 2025 season with a $2-million buyout, an $18-million player option for 2026 with a $3-million buyout, and a $20-million mutual option for 2027 with a $1-million buyout.
Chapman spent the past two seasons with the Toronto Blue Jays after being acquired in a trade with the Oakland Athletics.
The one-time All-Star struggled at the plate for the Blue Jays last season after winning AL Player of the Month in April. Chapman finished the season slashing .240/.330/.424 with 17 home runs, 39 doubles, 66 runs scored, and 54 RBIs across 140 games.
The Blue Jays will receive a fourth-round pick in the 2024 MLB Draft as compensation after Chapman declined a qualifying offer last fall.
The 30-year-old will provide San Francisco with elite defensive play at third base and power from the right side of the plate. He finished in the 87th percentile in Statcast's outs above average and racked up 12 defensive runs saved in 2023.
Chapman is familiar with new Giants manager Bob Melvin, having played for him during his entire five-year tenure with the Athletics.