I doubt either guy gets more than 3 years guaranteed, Edwin maybe 4 tops. Teams are alot smarter now when it comes to aging players in the mid to upper 30s that aren't especially athletic anymore (like Edwin) or are still athletic but can't play defense for s*** anymore (bautista).
Both are 1b/DH types now though you could still toss Jose out in RF occasionally for flexibility...I'd say 3 years 54m would be as high as I would go, and I'd much rather see 3/48 or something close to it... Ortiz is pretty much the benchmark for Edwin and since his age 34 season he's been between 13 and 16 million Per year, and all on short term deals and options.
Beltran wouod be the comparable for Jose amd his recent 3/45 deal,he was 36 when he signed it, so there's that
I honestly think even 20 million AAV is a pipe dream for both guys