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Sources: Giants, Matt Chapman agree on $54 million deal

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Matt Chapman, regarded as one of the best defensive infielders in baseball, agreed to a three-year, $54 million contract with the San Francisco Giants, sources confirmed to ESPN.

The deal also includes opt-outs after the first and second year of the agreement.

Chapman's deal is very similar in structure to that of Cody Bellinger, who re-signed with the Chicago Cubs last week, with his highest salaries at the outset of the contract. Like Bellinger, Chapman also has the built-in opportunity to test the market again if he has a better season offensively than in 2023.