The Blue Jays and newly acquired third baseman Matt Chapman prevented arbitration by agreeing to a two-year, $25M contract, ESPN’s Jeff Passan experiences. The deal will purchase out Chapman’s ultimate two arbitration seasons however doesn’t prolong Toronto’s membership management over the two-time Platinum Glover. Chapman, a consumer of the Boras Corp., will obtain a $1M signing bonus and consecutive salaries of $12M on the deal, tweets MLB Community’s Jon Heyman.

MLBTR contributor Matt Swartz had projected Chapman to earn $9.5M this coming season, and he would’ve earned another elevate in 2023 earlier than reaching free company within the 2023-24 offseason. Bearing in mind that $9.5M projection, Chapman’s $25M assure successfully places a $14.5M worth on that third-time arbitration wage, which appears properly throughout the realm of believable outcomes.

The brand new contract doesn’t change a lot when it comes to Chapman’s outlook, although it provides him some monetary safety within the occasion of a serious harm or additional downturn on the plate. The Jays, in the meantime, get some payroll certainty not just for this season, but additionally in 2023 — and so they additionally keep away from a have to dedicate any time or sources to arbitration talks with Chapman subsequent winter.

Acquired final week in a commerce that despatched prospects Gunnar Hoglund, Kevin Smith, Zach Logue and Kirby Snead to Oakland, Chapman heads to Toronto in quest of a return to his 2018-19 MVP-caliber kind on the plate. A hip harm in 2020 lower the season quick for Chapman and in the end required surgical procedure. He returned to play a principally full slate of 151 video games in 2021, however whereas Chapman belted 27 house runs and performed his traditional model of premium protection on the scorching nook, his total manufacturing on the plate dropped as his strikeout price rose. It’s actually doable that the 2019 All-Star merely wasn’t at 100% final season, and he’ll now got down to show that was the case without having to spend a lot time dwelling on his contractual standing.

Chapman’s new $12M wage bumps the Blue Jays’ projected payroll as much as about $170M, per Roster Useful resource’s Jason Martinez, and it provides them about $190M value of luxury-tax obligations. That’ll set up a brand new franchise-record mark when it comes to precise payroll, although the Jays are nonetheless about $40M shy of the brand new $230M luxury-tax threshold.

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