Chapman signed a three-year, $54 million contract with the Giants on Friday, Jon Heyman of the New York Post reports.
Chapman will make $20 million in 2024, $18 million in 2025 and $16 million in 2026, but he will have the ability to opt out of his deal after each of the first two seasons. The 30-year-old third baseman slashed .240/.330/.424 with 17 homers and 54 RBI across 581 plate appearances for the Blue Jays last year. In San Francisco, Chapman may not see quite as heavy a workload due to the presence of J.D. Davis on the roster, but he still figures to see the majority of the playing time.