Current:Home > InvestNew Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman-Angel Dreamer Wealth Society D1 Reviews & Insights
New Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman
View Date:2025-01-11 10:11:13
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! (49261)
Related
- Jordan Chiles Reveals She Still Has Bronze Medal in Emotional Update After 2024 Olympics Controversy
- Brazil’s Supreme Court sentences rioter who stormed capital in January to 17 years in prison
- Britain, France and Germany say they will keep their nuclear and missiles sanctions on Iran
- Thailand’s opposition Move Forward party to pick new leader as its embattled chief steps down
- Mike Tyson vs. Jake Paul fight odds will shift the longer the heavyweight bout goes
- Cyberattacks strike casino giants Caesars and MGM
- Timeline: Hunter Biden under legal, political scrutiny
- Escaped prisoner Danelo Cavalcante captured: What he told investigators about his plans
- 'Devastation is absolutely heartbreaking' from Southern California wildfire
- Children's water beads activity kits sold at Target voluntarily recalled due to ingestion, choking risks
Ranking
- Asian sesame salad sold in Wegmans supermarkets recalled over egg allergy warning
- Exxon minimized climate change internally after conceding that fossil fuels cause it
- China promotes economic ‘integration’ with Taiwan while militarily threatening the island
- Tensions rise on Italian island amid migrant surge, posing headache for government
- The ancient practice of tai chi is more popular than ever. Why?
- Iraq steps up repatriations from Islamic State camp in Syria, hoping to reduce militant threats
- 60 years later, 16th Street Baptist Church bombing survivor seeks restitution
- Environmental groups urge regulators to shut down California reactor over safety, testing concerns
Recommendation
-
Wall Street makes wagers on the likely winners and losers in a second Trump term
-
Horoscopes Today, September 14, 2023
-
Psychedelic drug MDMA eases PTSD symptoms in a study that paves the way for possible US approval
-
Why are so many people behaving badly? 5 Things podcast
-
MLS playoff teams set: Road to MLS Cup continues with conference semifinals
-
Children's water beads activity kits sold at Target voluntarily recalled due to ingestion, choking risks
-
Ex-Guatemala anti-corruption prosecutor granted asylum in US
-
350 migrants found 'crowded and dehydrated' in trailer in Mexico, authorities say