Beyond Shohei Ohtani, the top of the free agent hitting market has been stagnant. Of the nine hitters in MLBTR’s Top 20 free agents, four (Ohtani, Jeimer Candelario, Lourdes Gurriel Jr. and Jung Hoo Lee) have come off the board. Just over a third of the 20 offensive players to make our Top 50 have signed.
There hasn’t even been much chatter about interest in a few of the market’s top bats. That includes third baseman Matt Chapman, on whom there has been radio silence since a December 4 report the Cubs were keeping an eye on his market. Chicago is among a handful of teams tied to the four-time Gold Glover winner in any capacity. The Blue Jays have expressed interest in a reunion, while the Giants (now led by former A’s manager Bob Melvin) have been linked throughout the offseason.
That trio stands as the likeliest group of suitors. The Cubs have been tied to a number of free agent targets (Ohtani, Cody Bellinger and Shota Imanaga among them) but have yet to add anyone from the open market. Chicago allowed Candelario to walk and has an underwhelming group of third base options: Nick Madrigal, Patrick Wisdom, Christopher Morel and Miles Mastrobuoni.
Toronto has yet to significantly address the position since Chapman hit free agency. They brought in Isiah Kiner-Falefa on a two-year deal last week. He’s better suited as a utility player than a regular. Between Kiner-Falefa, Davis Schneider, Santiago Espinal, Cavan Biggio and prospect Addison Barger, the Jays could mix and match at the hot corner. No one from that group stands as a clear roadblock to Chapman, though.
In J.D. Davis, the Giants have a better in-house third base option than either Chicago or Toronto do. Chapman isn’t a marked offensive upgrade over Davis, who just turned in another slightly above-average season and has a career .261/.343/.432 hitter. It’s a different story on the other side of the ball.
Davis has been a fringe to below-average defender throughout his career. Statcast’s Outs Above Average rated him favorably with the glove a season ago, but few would argue he’s all that close to Chapman defensively. Only the A’s allowed a higher batting average on ground-balls to the left side of the diamond than the Giants last year. While some of that is on the pitching staff and shortstops (primarily Brandon Crawford), signing Chapman would address that deficiency.
There are a few teams that arguably should be involved on Chapman, although none are without caveats. The Mets have kicked the tires on a few external options at third base — namely Justin Turner and Gio Urshela — after Ronny Mauricio went down with an ACL tear. Still, they don’t seem keen on a top-of-the-market splash as they envision Mauricio and/or Brett Baty as a long-term answer. While the Angels didn’t get much production out of third base, it’s hard to envision another pricey splash with Anthony Rendon due $38MM annually for the next three years. The Phillies appear content with Alec Bohm, while the Tigers have infield prospects Colt Keith and Jace Jung on the horizon.
The Yankees and Mariners have some questions at third base, but a run at Chapman wouldn’t align with their offseason trajectories. New York has tried to move away from their reliance on right-handed hitters with elevated strikeout rates; they’ve also declared DJ LeMahieu the expected starter. Seattle generally shies away from significant free agent contracts for hitters and is prioritizing high-contact bats this offseason.
How will that seemingly limited group of strong fits affect Chapman’s market? At the start of the offseason, MLBTR predicted a six-year, $150MM pact as he enters his age-31 season. Players like Trevor Story, Dansby Swanson and Javier Báez who broadly fit Chapman’s profile — plus or better infield defenders with power but strikeout questions — have landed in that range in recent winters, although that group all had the advantage of playing shortstop.
Where will Chapman wind up and for how much money?