The Blue Jays officially signed Kevin Gregg to a one-year $2.75MM deal that includes a pair of club options. The Blue Jays will have ten days after the 2010 World Series to choose between three options:
- Allow Gregg to become a free agent
- Pick up a $4.5MM option for 2011
- Pick up an $8.75MM option for 2011-12
Gregg spent much of 2009 closing for the Cubs, and he managed to trim his walk rate and increase his strikeouts. However, he allowed a disastrous 13 home runs in 68.6 innings. Gregg, who was drawn to Toronto because of the chance to close games, will compete with Scott Downs and Jason Frasor for Toronto's closing job. The Blue Jays have a number of relievers competing for jobs, so some have speculated that the club could deal Downs or Frasor, both free agents after the season.
Agent Dan Horwits told Bob Elliott of the Toronto Sun that the Rockies, Padres and Marlins were all interested in Gregg.