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  • Toronto Blue Jays Trade & Free Agent Rumors

    Follow the latest Toronto Blue Jays trade and free agent rumors, along with quick notes on the big league club, the minor leagues and the draft.
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    Leo Morgenstern
    Add the Toronto Blue Jays to the list of teams that have checked in on six-time NPB All-Star Kazuma Okamoto. In addition to the Boston Red Sox and Pittsburgh Pirates, the Blue Jays reportedly have interest in signing the slugging infielder, according to Jon Heyman of the New York Post.
    Okamoto, 29, is DiamondCentric's no. 15 free agent this winter, projected to sign a four-year, $68 million contract. He has been one of NPB's most prolific sluggers over the last eight years, leading the Central League in home runs three times. Some evaluators have questions about his third base defense, suggesting he really belongs at first base or DH, but he would need to stick at the hot corner to make sense for the Blue Jays.
    The Yomiuri Giants posted Okamoto in mid-November, giving him until January 4 at 5:00 pm ET to sign with an MLB club. That date is significant, because the Blue Jays might not know by then whether or not they will be able to re-sign star shortstop Bo Bichette.
    So, what do you think about this rumour? Would you like to see the Blue Jays pursue Okamoto, or should they look elsewhere to upgrade the offense? Voice your thoughts in the comments below.
    Featured image courtesy of Darren Yamashita, Imagn Images.
    Leo Morgenstern
    After signing Dylan Cease and Cody Ponce to kick off their offseason, the Blue Jays find themselves with a surplus of starting pitchers. Kevin Gausman, Shane Bieber, and Trey Yesavage are locks for the 2026 rotation, as is Cease. That leaves one spot left for Ponce and José Berríos, unless the Jays are planning to use a six-man cycle. 
    Berríos, who has started more games than any other pitcher in MLB over the last eight years, has three years and just over $64 million remaining on his contract. Yet, it seems unlikely the Jays would have committed $30 million to Ponce, the reigning KBO MVP, if they weren't going to give him a chance to start. 
    One way to clear up the rotation logjam could be a trade, and to that point, The Athletic's Mitch Bannon reports that the Blue Jays are "willing to listen" to trade offers for Berríos. That doesn't mean a deal is likely, especially since Berríos is coming off a down year that ended with an elbow injury. In other words, it might be hard to find a taker for the veteran and his contract. Still, a Berríos trade is now a possibility that Jays fans must at least consider. 
    So, do you think the Jays should shop Berríos? Which teams do you think might be interested, and what would you be looking for in return? Have your say in the comments below!
    Featured image courtesy of John E. Sokolowski, Imagn Images.
    Bob Ritchie
    On December 2, the Toronto Blue Jays announced that their seven-year, $210 million contract with Dylan Cease had been finalized. Today on X, the New York Post's Jon Heyman reported the financial structure of the deal.
    When the Cease deal was first reported, pending the results of a physical, it was widely believed that the contract included deferrals. According to Heyman and others, the total amount deferred will be $64 million. The salary to be paid from 2026-2032 is $123 million, plus a $23 million signing bonus. Also, the contract contains a limited no-trade clause. The timing of the deferred payments Toronto will make to Cease was not reported. 
    The Athletic's Ken Rosenthal reported that the AAV of the deal was close to $27 million ($189 million divided by seven). That would make the present value of the deferrals for Competitive Balance Tax (“CBT”) purposes approximately $43 million ($189 million less $146 million in salary and bonus).
    It should be noted that under the CBA, teams must fund a deferral by the second July 1 following the season in which the deferral was earned. In other words, Toronto would have to fund the $10 million deferral for 2026 by July 1, 2028. The amount funded is the present value of the deferred amount using a 5% discount rate. A rough estimate is that Toronto's first funding payment will be approximately $7.5 million.
    From the team’s perspective, the primary advantage of deferrals is the reduction of the AAV used for CBT purposes. Given that Toronto pays the CBT, every little bit helps! 
    Featured image courtesy of Denis Poroy, Imagn Images.
    Matthew Lenz
    As has been the case since basically day one of the offseason, the Toronto Blue Jays have been and will continue to be one of the most aggressive teams in the trade and free agent market. After landing Dylan Cease via free agency, Ben Nicholson-Smith of Sportsnet reports that they may not be done adding to the rotation.
    In a recent column, Nicholson Smith reported that the team has remained "engaged with the starting pitching market" and named Michael King, Chris Bassitt, Max Scherzer, and Cody Ponce as potential free-agent targets. Additionally, he identifies starters Joe Ryan of the Minnesota Twins and MacKenzie Gore of the Washington Nationals as trade targets, both of whom they discussed at the 2025 deadline. In short, it doesn't sound like anyone is out of sight when it comes to bolstering their starting rotation for 2026.
    Despite a current rotation of Cease, Trey Yesavage, Kevin Gausman, Jose Berrios, and Eric Lauer, the Blue Jays know starting pitching depth is essential to another World Series run. Nicholson-Smith points out that 10 of the 12 playoff teams had at least six pitchers make 10 or more regular-season starts, including their World Series teams, who had seven such pitchers.
    Who do you think the Blue Jays should target for their rotation? Let us know in the comments!
    Leo Morgenstern
    Speaking on MLB Network yesterday, Jon Morosi reported that the Arizona Diamondbacks are "actively listening" to trade offers for All-Star second baseman Ketel Marte. He added that no deal is imminent, but multiple teams have checked in, including the Philadelphia Phillies and Toronto Blue Jays.
    As Morosi points out, Marte has limited no-trade rights in his contract with Arizona (a deal that runs through 2030, with a player option for 2031). However, neither Philadelphia nor Toronto is on the list of teams to whom he could reject a trade.
    So, how do Jays fans feel about the club potentially trading for Marte? Do you think it's a realistic possibility? Would you be happy to have Marte in Toronto if it means Bo Bichette is signing elsewhere? Have your say in the comments below.
    Featured image courtesy of Rob Schumacher/The Republic / USA TODAY NETWORK via Imagn Images.
    Leo Morgenstern
    This afternoon, the Toronto Blue Jays announced they had placed left-handed pitcher Easton Lucas, 29, on unconditional release waivers. This will free up another space on the 40-man roster, giving the front office three open spots to work with. 
    Lucas made his MLB debut with the Athletics in 2023 and bounced from the A's to the Tigers to the Blue Jays in 2024. He made a pair of excellent starts for Toronto this past April, striking out 11 in 10.1 scoreless innings. Unfortunately, he struggled after those two outings and could not stick with the major league club.
    As is often the case when a team releases a player seemingly out of nowhere, it is believed that the Blue Jays granted Lucas his release so he could sign a contract with a foreign professional team (per Sportsnet's Ben Nicholson-Smith). According to reporter Francys Romero, that team will be in Japan's NPB.
    Featured image courtesy of Mitch Stringer, Imagn Images.
    Bryan Jaeger
    With December's Winter Meetings approaching, free agency rumors around the Blue Jays are intensifying. The central question is whether Bo Bichette will be re-signed. If he doesn't return, a significant void arises in the batting order, and urgent solutions will be needed.
    Jeff Passan of ESPN reports the Blue Jays want a left-handed hitter to pair with Vladimir Guerrero Jr.
    Kyle Schwarber and Kyle Tucker have been suggested, but they are widely sought after, and each could earn about $34–36 million annually. The Blue Jays may look at less expensive options after losing out on top talent in recent offseasons, including Shohei Ohtani, Roki Sasaki, Corbin Burnes, Max Fried, and Juan Soto.
    Passan now links the Blue Jays to Cody Bellinger as a more affordable option than Schwarber or Tucker. DiamondCentric projects a six-year, $130 million contract for Bellinger. Last season with the New York Yankees, he hit .272/.334/.480 with 89 runs, 29 home runs, 98 RBIs, an .814 OPS, and a 125 wRC+. He can play any outfield position or first base, though the team values Guerrero's glove at first. George Springer will likely remain the primary designated hitter to stay healthy.
    The Blue Jays' outfield is crowded with Nathan Lukes, Daulton Varsho, and Anthony Santander returning. However, with Varsho's and Santander's injury histories, a healthier option would be a smart addition, and Lukes can come off the bench. Bellinger has played at least 130 games in each of the last four seasons. As the World Series showed, the Blue Jays need more offense, and if Bichette doesn't return, Bellinger could fill the resulting production gap.
    Featured image courtesy of Brad Penner, Imagn Images.
    Bryan Jaeger
    The Blue Jays' number five prospect, Ricky Tiedemann, was Rule 5 eligible and was headed for the Rule 5 draft on December 10. However, the Blue Jays protected him by adding him to the 40-man roster. The 23-year-old had impressive first two MLB seasons, posting a 2.17 ERA over 78 2/3 innings in 2022 and a 3.68 ERA over 44 innings in 2023. He missed most of the 2023 season due to a biceps injury.
    He was still dealing with the injury at the start of the 2024 season. In July, he left a game due to another injury and subsequently required Tommy John surgery. This surgery caused him to miss the remainder of 2024 and the entire 2025 season while recovering.
    Being added to the 40-man roster shows the Blue Jays have MLB plans for Tiedemann next season. The team could use a fifth starter instead of Eric Lauer, and Tiedemann could take his spot as the lefty in the rotation. If the prospect can replicate his early success in spring training next season, he could make the Opening Day roster. This decision will also depend on the Blue Jays' offseason moves. Tiedemann could also be a late-season call-up, following the Trey Yesavage path, and join for the postseason run if needed.
    Leo Morgenstern
    In a move that's more procedural than anything else, Bo Bichette officially rejected his $22.025 million qualifying offer this afternoon. He is expected to sign a long-term, nine-figure contract in free agency – far more than the value of the QO. So, his decision today comes as no surprise.
    Now that Bichette has rejected the offer, the team that eventually signs him – unless it's the Blue Jays – will have to forfeit a draft pick (and possibly also international bonus pool space). 
    Speaking to our own John Bonnes at the GM Meetings, Ross Atkins made it clear that the Jays are interested in re-signing Bichette. However, they will have competition. Most recently, the Red Sox have emerged as a potential suitor for his services (per Rob Bradford of WEEI.com).
    Featured image courtesy of Nick Turchiaro, Imagn Images.
    Matthew Lenz
    With a bevy of relief pitchers on the 40-man roster, the Toronto Blue Jays have effectively non-tendered one who was in his arbitration years.
    According to the Blue Jays' official transaction log, pitcher Nick Sandlin has been outrighted by the team. MLB Trade Rumors projected the righty to earn $2 million via arbitration. The Jays now have 37 players on their 40-man roster.
    Sandlin, acquired via trade about a year ago, made 19 appearances, throwing 16 1/3 innings in 2025. Injuries limited his availability and likely his productivity.
    So, do you think he'll choose free agency or accept his assignment to the minor leagues? Let us know what you think in the comments!
    Featured image courtesy of Eric Canha, Imagn Images.
    Matthew Lenz
    Earlier this week, the Toronto Blues were reported to be in "every market" and specifically to be interested in landing a high-end reliever. Reporters from the Athletic previously named Pete Fairbanks,  Devin Williams, Phil Maton, and "other similar relievers" as possibilities. Now, we have another name to add to the list.
    Francys Romero is reporting that the Toronto Blue Jays have "emerged as a strong suitor" for Raisel Iglesias. The 36-year-old has been among the game's best for nearly a decade and hasn't shown signs of slowing down.
    Iglesias appeared in 70 games for the Atlanta Braves during the 2025 season, throwing 67 1/3 innings in relief. The right-hander recorded a FIP of 3.31 and produced a 21.4% K-BB%. Converting 29 of 34 saves, Iglesias generated a Win Probability Added (WPA) of 1.04 in 2025. Given his age, MLBTR anticipates a short-term deal, netting $32 million over two seasons.
    Of the names mentioned, which would you prefer the Jays to add? Let us know in the comments!
    Leo Morgenstern
    Major League Baseball introduced a brand-new award last night and bestowed the inaugural prize on Toronto Blue Jays superstar Vladimir Guerrero Jr. Vladdy is MLB's very first Entertainer of the Year.
    It's a well-deserved honour for one of the most delightful personalities in the sport, both on the field and off. Guerrero was not present at the awards show on Thursday, so his godfather, Hall of Famer Pedro Martínez, accepted on his behalf.
    In other Blue Jays awards news, Guerrero was also named to the All-MLB First Team, winning over Athletics first baseman Nick Kurtz. In even more of a surprise, Bo Bichette earned Second Team honours, beating out shortstops like Geraldo Perdomo, Trea Turner, Francisco Lindor, and Jeremy Peña.
    Featured image courtesy of Nick Turchiaro, Imagn Images.
    Jesse Burrill
    The Blue Jays coaching staff has already seen some changes this offseason.
    Mitch Bannon of The Athletic reports that Blue Jays assistant hitting coach Hunter Mense is leaving the team and will be joining the San Francisco Giants as their hitting coach.
    Mense had been with the Blue Jays since the 2022 season. Working with hitting coach David Popkins and fellow assistant coach Lou Iannotti, Mense coached the Blue Jays to a .330 wOBA in 2025, the third highest in baseball.
    In San Francisco, Mense will reunite with the Giants' new manager Tony Vitello, whom Mense previously played for at the University of Missouri.
    For the Blue Jays, this marks the second departure from the big league staff, as bench coach Don Mattingly stepped away from the team earlier this month. 
    Featured image courtesy of Nathan Ray Seebeck, Imagn Images.
    Matthew Lenz
    Yesterday, Ken Rosenthal reported that the Toronto Blue Jays are expected to be suitors for former Tampa Bay Rays closer Pete Fairbanks. Today, Mitch Bannon of The Athletic confirmed and expanded on that rumor.
    Bannon reported that the teams are targeting high-leverage relievers in free agency and identified Devin Williams, Phil Maton, and "other similar relievers" in addition to Fairbanks.
    Williams struggled through 67 appearances for the Bronx Bombers, logging 62 innings pitched in relief. Though he posted a career-high 4.79 ERA, his 2.68 FIP suggests he was better than the surface stat indicates. On the other hand, his K-BB rate of 25.0%, which would be considered low for most pitchers, was below his career average. If we can point to one thing as the reason for his struggles, it would be his league-worst 55.2% strand rate—a number roughly 20 points below his career norm and typically not predictive from one season to another. MLBTR projects him to net $68 million over four years.
    Maton appeared in 63 games between the St. Louis Cardinals and Texas Rangers in 2026. He recorded a strong 2.79 ERA backed by an even better 2.60 FIP. Additionally, he posted a solid 23.4% K-BB rate. MLBTR named him an honorable mention on their top 50 free agents list, but didn't provide a contract prediction.
    Who are other high-leverage relievers you'd like to see the Blue Jays pursue? Let us know in the comments!
    Leo Morgenstern
    Speaking to DiamondCentric's John Bonnes at the GM Meetings on Wednesday, Blue Jays general manager Ross Atkins said the Jays "definitely, definitely have interest" in extending Daulton Varsho, who is entering his final season of arbitration eligibility.
    "The interest is definitely there," said Atkins. "I can't say enough about Daulton, the player, the person, the teammate. He checks all the boxes we're looking for."
    The GM did not want to speak about any potential negotiations, but from his tone, it certainly seems like an extension for Varsho will be one of the team's priorities this winter.
    Varsho, widely considered one of the best defensive outfielders in the league, is coming off an injury-shortened but highly promising 2025 campaign. Tapping into his power like never before, he hit 20 home runs in 71 contests, with a career-best .833 OPS, .341 xwOBA, and 123 wRC+. He finished with 2.2 fWAR and 2.8 bWAR in less than half a season of games. 
    Featured image courtesy of Kiyoshi Mio, Imagn Images.
    Matthew Lenz
    The Toronto Blue Jays aren't resting on their laurels after an exciting postseason run that saw them bring the superpower Los Angeles Dodgers to the brink.
    After Bo Bichette elected free agency and Shane Bieber opted in to a team-friendly deal, the Blue Jays are in a position to be aggressive this offseason. From the General Manager meetings in Las Vegas, NV, Shi Davidi and Ben Nicholson-Smith of Sportsnet are reporting that the Toronto Blue Jays are "in every market".
    Citing multiple player agents, it's expected for it to "be easier for them to get players", and that the organization is "hungry" and "acting like big boys".
    While no players are named in the report, the Blue Jays have already been linked to Bichette, Kyle Tucker, Munetaka Murakami, and Pete Fairbanks. Additionally, Chris Bassitt has expressed interest in returning to the club.
    Do you think the Blue Jays will be aggressive this offseason? Let us know what you think in the comments!
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