Current:Home > InvestNew Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman -FinTechWorld
New Giants manager Bob Melvin gets his man as team strikes deal with third baseman Matt Chapman
View
Date:2025-04-17 15:36:33
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! (7)
Related
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- AP PHOTOS: Pastoralists in Senegal raise livestock much as their ancestors did centuries ago
- Alaska National Guard performs medical mission while shuttling Santa to give gifts to rural village
- India bus crash kills almost 40 as passengers plunged 600 feet down gorge in country's mountainous north
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Gang attack on Haitian hospital leads to a call for help and an unlikely triumph for police
- School resumes for 'Abbott Elementary': See when 'American Idol,' 'The Bachelor' premiere
- China’s Xi is courting Indo-Pacific leaders in a flurry of talks at a summit in San Francisco
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- AP Week in Pictures: Global | Nov. 10 - Nov. 16, 2023
Ranking
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Were Latin musicians snubbed by the Grammys? Maybe. But they're winning in other ways
- Swifties, Travis Kelce Is Now in the Singing Game: Listen to His Collab With Brother Jason
- AP PHOTOS: Beef’s more than a way of life in Texas. It drives the economy and brings people together
- Intel's stock did something it hasn't done since 2022
- AP Week in Pictures: North America
- Dog who survived 72 days in mountains after owner’s death is regaining weight and back on hiking trails
- Wait, there's going to be a 'Frozen 4' now? Disney CEO reveals second new sequel underway
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Supreme Court leaves in place pause on Florida law banning kids from drag shows
Families of 5 Minnesota men killed by police sue agency to force release of investigation files
Ohio man sentenced to nearly 5 years in prison for attacks on police during Capitol riot
See you latte: Starbucks plans to cut 30% of its menu
Tesla didn’t squelch United Auto Workers message when it cracked down on T-shirts, court says
Dog who survived 72 days in mountains after owner’s death is regaining weight and back on hiking trails
T-shirt inspired by Taylor Swift projected onto Brazil's Christ the Redeemer statue