Current:Home > StocksNew Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman -MarketLink
New Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman
View
Date:2025-04-12 01:58:39
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! (6)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- 'Hard Knocks' debuts: Can Dolphins adjust to cameras following every move during season?
- Messi leaves match at Maracanã early, Argentina beats Brazil in game delayed by fight
- Mega Millions winning numbers: Check your tickets for $287 million jackpot
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- The first Macy's Thanksgiving Day Parade featured live animals (bears and elephants)
- Gene Simmons is proud KISS 'did it our way' as band preps final two shows ever in New York
- Missouri driver killed in crash involving car fleeing police
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- No. 5 Marquette takes down No. 1 Kansas at Maui Invitational
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Escaped inmate facing child sex charges in Tennessee captured in Florida
- 4 Las Vegas teenagers charged with murder as adults in fatal beating of high school classmate
- Retiree records bat sex in church attic, helps scientists solve mystery of species' super long penis
- A White House order claims to end 'censorship.' What does that mean?
- South Korea partially suspends inter-Korean agreement after North says it put spy satellite in orbit
- See the first photo of Eddie Murphy as Axel Foley in 'Beverly Hills Cop 4' film on Netflix
- Suspected militants kill 5, including 2 soldiers, in pair of bombings in northwest Pakistan
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Ex-New York corrections officer gets over 2 years in prison for smuggling contraband into Rikers Island
'Scott Pilgrim Takes Off'—and levels up
Here's what will cost you more — and less — for the big Thanksgiving feast
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Anthropologie’s Black Friday Sale 2023: Here’s Everything You Need in Your Cart Stat
Police identify man they say injured 4 in Beavercreek, Ohio Walmart shooting
IRS delaying $600 payment reporting rule for PayPal, Venmo and more — again