San Francisco Giants' LaMonte Wade Jr. hustles down the line after hitting a ground ball to Miami Marlins' first baseman David Hensley in the third inning of a game on Sunday, Sept. 1, 2024, in San Francisco. Giants' Michael Conforto crossed the plate to score, while Matt Chapman was tagged out at second base. (AP Photo/Godofredo A. Vásquez)


September 05, 2024 Tags:

In a significant move, the San Francisco Giants have locked in third baseman Matt Chapman for the next six years, ensuring his presence in their line-up through the 2030 season. This deal, worth a staggering $151 million, was finalized on Wednesday and marks a major commitment from the Giants to one of their key players.
Chapman, renowned for his defensive prowess and consistent performance, will receive a $1 million signing bonus payable on January 15. In addition to this bonus, he will earn $25 million annually for the duration of the contract. This agreement guarantees that Chapman will accumulate $169 million over the next seven years, combining this new deal with the remaining terms of his current contract.

The 31-year-old Chapman first joined the Giants as a free agent earlier this year, signing a three-year contract valued at $54 million. This initial deal included a $2 million signing bonus and a $16 million salary for the 2024 season, with the option to opt-out after the 2024 and 2025 seasons. The new extension not only secures his future with the Giants but also reflects the team's confidence in his abilities.

Currently, Chapman is making a notable impact on the field. With a batting average of .247, he leads the Giants in several key offensive categories: 22 home runs, 69 RBIs, 90 runs scored, and 33 doubles. His defensive skills have also been a significant asset, contributing to his reputation as a four-time Gold Glove winner. Over his career, Chapman has played for the Oakland Athletics, Toronto Blue Jays, and the Giants, accumulating a career average of .241 with 177 home runs and 495 RBIs.

The decision to sign Chapman to this long-term deal underscores the Giants' strategy of building around experienced and proven talent. Chapman's presence on the team brings not only a solid bat but also exceptional fielding skills, making him a valuable asset for the Giants' future.

The contract extension is expected to bolster the Giants' roster stability as they look to remain competitive in the coming seasons. With Chapman locked in through 2030, the team can focus on other aspects of their roster while relying on his consistent performance both offensively and defensively.

Chapman's new deal also signifies a strong investment in the team's future, as they aim to build a winning culture and compete at the highest level. His leadership and experience will play a crucial role in guiding younger players and maintaining a competitive edge in the league.

Overall, the Giants' commitment to Chapman highlights their confidence in his ability to contribute significantly over the next several years. As one of the league's top third basemen, Chapman’s continued presence is expected to play a key role in the team's success.

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