Matt Chapman Free Agency Update: All-Star third baseman ends speculations with a three-year San Francisco Giants contract

Former Blue Jays slugger and coveted third baseman Matt Chapman has reportedly agreed a deal with the San Francisco Giants. The four-time Gold Glove winner has signed a three-year deal with the Giants, estimated to be around $54M with two opt-outs.

Senior MLB journalist Jon Heyman was first to break the news as Chapman becomes the latest Scott Boras client to bag a handsome deal in free agency following Cody Bellinger's singing last month.

The former Blue Jays slugger has the option to opt out of the contract after each of his first two seasons with the Giants.

"Third baseman Matt Chapman and the San Francisco Giants are in agreement on a three-year, $54 million contract, sources tell ESPN. Chapman will receive opt-outs after each of the first two seasons."

The Giants were one of the four teams linked with a move for Chapman in recent weeks. His former team, Toronto Blue Jays, were also in the hunt to resign their star third baseman with the Seattle Mariners and Chicago Cubs lurking around.

However, the Cubs' interest in the former All-Star seemingly dwindled after they signed another Scott Boras client, Cody Bellinger, on a $80 million deal in February 2024.

Blake Snell and Jordan Montgomery remaining Scott Boras clients after Matt Chapman's Giants move

Chapman will earn a reported $20 million in his first year with the Giants, followed by $18 million and $16 million in the following two years if he doesn't opt out of the contract.

With the star third baseman off the plate, reigning Cy Young winner Blake Snell and World Series champion Jordan Montgomery are the remaining two Scott Boras clients still looking for a new team in free agency.

As spring training games start coming thick and fast, the two pitchers are likely to find a new team in the coming weeks.