On September 5, 2024, the San Francisco Giants made a significant move by signing third baseman Matt Chapman to a six-year, $151 million contract extension. The agreement will see Chapman earn $25 million annually through the 2030 season. This contract also includes a $1 million signing bonus in 2025 and a commitment to donate $125,000 each year to the Giants Community Fund.
Chapman, 31, was originally selected by the Oakland Athletics as the 25th overall pick in the 2014 MLB Draft. He made his Major League Baseball debut in 2017 and earned an All-Star selection in 2019. His impressive career took him from Oakland to the Toronto Blue Jays in 2022. Earlier this year, the Giants had signed Chapman to a three-year, $54 million contract, which has now been replaced by this new, more lucrative extension.
In the current season, Chapman has posted notable statistics, hitting .247 with 22 home runs, 33 doubles, 69 RBIs, and a career-high 13 stolen bases through 136 games. He is only the second third baseman in Giants history, after Freddie Lindstrom, to achieve at least 30 doubles, 20 home runs, and 10 stolen bases in a single season. Chapman’s career numbers include a .241 batting average, 177 home runs, and 24 stolen bases across 1,004 games.
Despite Chapman’s impressive contributions, the Giants are currently struggling in the standings. They sit in fourth place in the National League West with a 68-72 record, 16 games behind the division-leading Los Angeles Dodgers. The Giants are also 8.5 games out of a wild card spot. The team will face the Arizona Diamondbacks on Thursday afternoon in San Francisco, with the game scheduled to start at 3:45 p.m. EDT.
The signing of Chapman reflects the Giants’ commitment to securing top talent for their future. As they navigate a challenging season, the extension ensures that one of their key players will remain with the team for several more years.