Former Blue Jay Matt Chapman signs massive contract extension with Giants

The Gold Glove third baseman will likely finish his MLB career in San Francisco.

Former Toronto Blue Jays and current San Francisco Giants third baseman Matt Chapman signed a six-year contract extension on Wednesday
Former Toronto Blue Jays and current San Francisco Giants third baseman Matt Chapman signed a six-year contract extension on Wednesday / Robert Edwards-Imagn Images

Former Toronto Blue Jays third baseman Matt Chapman has found a home on the West Coast and won't be leaving anytime soon after signing a massive contract extension with the San Francisco Giants.

The news, which came out Wednesday night (early Thursday morning for those of us on the East Coast), shouldn't come as a huge surprise as the Chapman-Giants union seemed like a match made in heaven with how the one-time All-Star's season has gone. According to USA Today's Bob Nightengale, Chapman has said all along that he wanted to stay in San Francisco and the Giants wanted to keep him there.

Former Blue Jay Matt Chapman signs massive contract extension with Giants

Chapman, now 31, inked a six-year extension worth $151 million to stay in the Bay Area through the 2030 season. The four-time Gold Glover and two-time Platinum Glove winner signed with the Giants on a one-year, $18 million deal in March and had player options for 2025 and 2026, plus a mutual option for 2027. The deal wipes out the final two years of his current agreement.

Chapman will earn $25 million for each of the next six seasons and also receives a $1 million signing bonus. His new contract includes a full-no trade clause and no opt-outs, per Nightengale.

According to MLB.com's Maria Guardado, this is the biggest contract handed out by the Giants since 2018 and is the second-largest deal in the team's history behind only Buster Posey's $167 million contract in 2013.

In his first season with the Giants, Chapman has posted a .247/.333/.445 slash line with 22 home runs, 69 RBI, 90 runs scored and a surprising 13 stolen bases in 146 games. His defense at the hot corner has also been comparable to, if not slightly better than, his final season in Toronto, based on advanced metrics.

Chapman spent two seasons with the Blue Jays, manning third base on a daily basis. He hit .234/.327/.429 with 44 home runs, 130 RBI, 149 runs scored and six stolen bases in his 295 games in a Jays uniform. He also picked up a Gold Glove Award last season.

After a disappointing finish to his 2023 campaign, he rejected the Blue Jays' $20.325 million qualifying offer. This came after he also reportedly turned down a more than $100 million multi-year extension to stay in Toronto. After his recent remarks that he wasn't as comfortable in Toronto as he is now with the Giants, the departure last offseason make sense, especially now that he has a home for what will likely be the rest of his MLB career.