Yankees Agree to New Contract With Closer Aroldis Chapman
By Karl Rasmussen
Aroldis Chapman had previously made his intentions clear to opt out of his contract unless he was given an extension by the team.
Well it seems the 31-year-old got his wish. The Yankees and Chapman have reportedly come to terms on a new contract, per Jeff Passan.
New York Yankees closer Aroldis Chapman has reached a new deal with the team and will not opt out, sources tell ESPN.
— Jeff Passan (@JeffPassan) November 3, 2019
HIs new deal is reportedly a three-year contract worth $48 million, so he's effectively tacking on an extra $1 million to each season and extending the deal by a year. This will keep Chapman in pinstripes through the 2022 season, at which point he will re-enter free agency.
He will earn $15 million in each of the next two seasons, and $18 million in 2022.
Aroldis Chapman gets an extra year on his contract, as expected, and will now earn $48 million over 3 years with #Yankees, per @JeffPassan.
— Bob Nightengale (@BNightengale) November 3, 2019
Chapman had an excellent season in the Bronx, racking up 37 saves and recording a 2.21 ERA with 85 strikeouts across 57 innings.
Chapman was signed by the Yankees in 2016, but was traded to the Cubs in exchange for Gleyber Torres, before returning to New York the following offseason after winning the World Series with Chicago.
He's now set to spearhead the Yankee bullpen for the next three years, resuming his role as the closer, where he's earned 111 saves across his four seasons with the Bombers.