Matt Chapman Signs $151 Million Extension With The Giants

Matt Chapman, one of many “Boras 4” who couldn’t get the deal he had hoped for within the low season, guess on himself, and it paid off.

Somewhat again story: The Toronto Blue Jays beforehand provided Chapman a six-year deal price $125 million earlier than he hit free company. The third baseman, more than likely underneath the recommendation of über agent Scott Boras, declined the provide and went to market. Sadly for Chapman, the market didn’t chunk.

After spring coaching had already began, Chapman landed with the San Francisco Giants on a three-year, $54 million deal, with decide outs after every season. Together with his $2 million signing bonus, $16 million wage, and $2 million buy-out, Chapman assured himself at the least $20 million for the 2024 season, which – in spite of everything the maths is completed – is $833,333 lower than he would have made with the Blue Jays had he stayed in Canada.

If Chapman had elected to play for the Giants in 2025, he would have earned $18 million for 2024 (on this case he wouldn’t be entitled to the buy-out), and would have earned $17 million for 2025, plus a possible $3 million buy-out. So, after two seasons by the Bay, Chapman would have earned $38 million reasonably than the $41.666 million he would have earned in Toronto. Up to now, not so good.

Nonetheless, as Jeff Passan first reported final evening for ESPN, Chapman and the Giants have come to phrases on a brand new deal – 6 years, $151 million, which begins subsequent season. Chapman will obtain a $1 million signing bonus in 2025, and $25 million per season for the lifetime of the contract.

Boras shoppers don’t usually comply with extensions; they not often comply with extensions mid-season; they usually most definitely don’t comply with extensions when they’re having banner platform years that would catapult them into the monetary stratosphere. Nonetheless, by all accounts, Chapman is sort of comfy enjoying in Northern California (between the A’s and the Giants, he has performed six of his eight seasons within the 510 and 415 space codes) and has a particular relationship with Giants’ supervisor Bob Melvin, who he performed for in Oakland as properly. Additional, in accordance with The Athletic’s Andrew Baggarly, Chapman advised the membership he needed to remain and pushed the method ahead.

The $151 million contract is second-largest in Giants’ historical past, coming in behind solely Buster Posey’s 9-year, $167 million deal in 2013.

Chapman has proved himself worthy of the funding. He’s at present slashing .247/.333/.445 with 22 house runs and 69 RBI, whereas enjoying Gold Glove-worthy third base. Chapman’s 6.0 bWAR is third within the Nationwide League, behind solely Shohei Ohtani and Francisco Lindor. And, doubtlessly extra necessary than the again of the baseball card statistics is the consistency and stability that Chapman brings to the group and the clubhouse. He’s a steadying presence, having performed in 136 of the Giants’ 139 video games this 12 months.

Had Chapman taken the Blue Jays’ provide, he would have earned $125 million from 2024 by way of 2029. Together with his two offers with the Giants, he’ll earn $144 million throughout that very same timeframe, and can add one other $25 million on high of that for the 2030 season. Boras might have whiffed the primary time, however he definitely didn’t miss twice.

This season Matt Chapman has carried out properly sufficient to lastly get the contract that he beforehand deserved.