Most likely. It is all just rumors yet.
Apparently a National League team has signed Chapman for $30 millions. The rumor was that the Jays offered $23 million. If this is true someone blew the Jays offer right out of the water. I don't understand why someone would top the last offer by $7 million, I guess someone really wanted him.
They figure it is an NL Central team that made the offer.
Update: Looks like it is the Reds that signed him, filling the prospects hole that was opened when they trade for Rolen.