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The Giants have made a significant move by extending the contract of third baseman Matt Chapman. The new deal ensures Chapman $151MM over six years, from 2025 to 2030, with an annual salary of $25MM and a $1MM signing bonus paid in 2025. ESPN’s Jeff Passan reports that Chapman’s contract includes a no-trade clause.
Chapman, 31, originally signed a three-year deal worth $54MM with the Giants in the offseason, with opt-outs after each season. However, it became clear that he would exercise the first opt-out as he had an impressive season both offensively and defensively. In his first season with the Giants, Chapman has posted a strong .247/.343/.445 slash line with a 118 wRC+ in 136 games. Defensively, he has excelled with +7 OAA and +13 DRS, his best performances in years.
With Chapman set to explore free agency for a bigger deal, the Giants have secured his presence in San Francisco for the foreseeable future. The contract will keep him with the team until his age-37 season, matching MLBTR’s prediction almost exactly. Chapman’s deal highlights the potential benefits for players in opt-out contracts, as he stands to earn $169MM over seven years with the Giants due to his strong performance.
Staying in San Francisco long-term means Chapman will spend most of his playing career in the Bay Area. Originally drafted by the Athletics in 2014, Chapman spent the first five seasons of his career with the A’s, earning accolades such as three Gold Glove awards and making an All-Star appearance. After a brief stint with the Blue Jays, Chapman is now set to leave a lasting impact in the community despite the A’s impending relocation.
For the Giants, Chapman’s extension is the second-largest financial commitment in the club’s history after Buster Posey’s early-career deal. Securing Chapman as a cornerstone player is vital for the team after missing out on other star players in recent years. While Chapman may face challenges as he ages, the deal solidifies the Giants’ roster moving forward.
Chapman joins other long-term pieces in the Giants’ lineup, forming a core of talent that could lead the team to success in the coming years. This development marks a positive step for a franchise transitioning after the departures of key players.
Image courtesy of USA Today Sports.
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