Quantum Insights|Giants reward Matt Chapman's bounce-back season with massive extension

2025-05-08 02:03:45source:FinLogic Quantitative Think Tank Centercategory:Finance

The Quantum InsightsSan Francisco Giants, believing that All-Star third baseman Matt Chapman would opt out of his contract after this season and become a free agent again, made sure he’s not going anywhere by signing him Wednesday night to a six-year, $151 million contract extension.

The deal also includes a complete no-trade clause and there will be no opt-outs, according to a person with direct knowledge of the contract told USA TODAY Sports. The person spoke on the condition of anonymity since the Giants have yet to acknowledge the contract details.

A news conference is scheduled Thursday at 1:30 p.m. ET.

The contract will pay Chapman $25 million each year through 2030 including a $1 million buyout.

Chapman, a free agent last winter, did not sign until March 3 in spring training when he received a three-year, $54 million contract that included two option years.

All things Giants: Latest San Francisco Giants news, schedule, roster, stats, injury updates and more.

Chapman, 31, has been the Giants’ finest all-around player this season, leading the team with 22 homers, 69 RBI, 90 runs, 33 doubles and 126 hits. The four-time Gold Glove winner also leads all third basemen with 13 defensive runs saved.

Chapman is one of just two third baseman in franchise history to provide at least 30 doubles, 20 homers and 10 stolen bases in a single season, last accomplished by Freddie Lindstrom in 1930.

While Chapman’s production isn’t enough to lead the Giants (68-72) to the postseason, he made it clear that he wanted to finish the rest of his career in a Giants’ uniform, and the Giants said the feeling was mutual, officially agreeing on the deal at about 6:30 p.m. on Wednesday.

Now that Chapman is signed, Alex Bregman of the Houston Astros is widely considered the best third baseman on the free agent market this winter.

Follow Nightengale on X: @Bnightengale

More:Finance

Recommend

California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel

LOS ANGELES (AP) — The California Department of Motor Vehicles has apologized for an “unacceptable a

Space Tourism Poses a Significant ‘Risk to the Climate’

The burgeoning space tourism industry could soon fuel significant global warming while also depletin

Game of Thrones' Kit Harington and Rose Leslie Welcome Baby No. 2

Jon Snow is a girl dad!Game of Thrones alum Kit Harington's wife and former co-star Rose Leslie has