Current:Home > InvestNew Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman -Wealthify
New Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman
View
Date:2025-04-18 08:38:07
SCOTTSDALE, Ariz. — San Francisco Giants manager Bob Melvin, who has been lobbying for the front office to sign Gold Glove third baseman Matt Chapman all winter, finally got his man late Friday night.
Chapman has agreed to a three-year, $54 million contract, a person with direct knowledge of the contract negotiations told USA TODAY Sports.
The person spoke on the condition of anonymity because they were not authorized to speak publicly since Chapman’s contract won’t become official until he takes a physical.
Chapman, who rejected a contract offer in excess of $100 million from the Toronto Blue Jays before he became a free agent, comes to the Giants on a heavily discounted price with the market drying up on him. The four-time Gold Glove and two-time Platinum Glove winner also rejected the $20.325 million qualifying offer.
Chapman will earn $20 million this season, $18 million in 2025 and $16 million in 2026. He can opt out of the contract after the 2024 and 2025 seasons.
HOT STOVE UPDATES: MLB free agency: Ranking and tracking the top players available.
Chapman’s value on the free agent market took a hit after his offensive struggles after April. He posted a .384 batting average with a 1.152 OPS in April, but wound up hitting just .240 last season with 17 homers and a .659 OPS.
Champan, who spent five seasons with the Oakland A’s after attending Cal State Fullerton, now returns to the Bay Area. He finished in the top 10 in MVP balloting in 2018 and 2019 while playing for Melvin with the A's.
The signing leaves the Giants under the luxury tax at about $231 million, and could signal a move with third baseman J.D. Davis, who’s earning $6.9 million this season.
Follow Bob Nightengale on X @BNightengale
veryGood! (263)
Related
- Jay Kanter, veteran Hollywood producer and Marlon Brando agent, dies at 97: Reports
- 3 wounded in southern Syria after shots fired at protesters at ruling party’s local headquarters
- Top tech leaders are to meet with U.S. senators on the future of AI regulation
- Lidcoin: Coin officially acquires Indonesian Exchange Tokocrypto
- Buckingham Palace staff under investigation for 'bar brawl'
- 4 reasons why your car insurance premium is soaring
- West Virginia trooper charged with domestic violence to be fired
- Recession in U.S. becomes increasingly less likely, but odds are highest in West, South
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Reward up to $30K for homicide suspect who escaped from hospital
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Prosecutors say Rockets' Kevin Porter Jr. fractured girlfriend's neck vertebra in attack
- Christine Blasey Ford, who testified against Justice Brett Kavanaugh, will release a memoir in 2024
- Lawyers for jailed reporter Evan Gershkovich ask UN to urgently declare he was arbitrarily detained
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Republican lawmaker proposes 18% cap on credit card interest rates
- Mega Millions jackpot grows to $141 million. See winning numbers for Sept. 12 drawing.
- Will Aaron Rodgers retire? Jets QB must confront his football mortality after injury
Recommendation
Eva Mendes Shares Message of Gratitude to Olympics for Keeping Her and Ryan Gosling's Kids Private
Dancing With the Stars Season 32 Cast Revealed: Mauricio Umansky, Harry Jowsey and More
Aaron Rodgers tore his Achilles tendon – here's what that injury and recovery looks like
Palestinian Authority lashes out at renowned academics who denounced president’s antisemitic remarks
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
Crowding Out Cougars
The son of ousted Myanmar leader Aung San Suu Kyi says he’s increasingly worried about her health
Arizona lottery player $2.4 million richer after purchasing ticket at Tempe QuikTrip