Gregg Drawing Interest, Will Turn Down Arbitration

Kevin Gregg is drawing interest from the Angels, Orioles, Rays and Blue Jays and will turn down Toronto's offer of arbitration, according to Jon Heyman of (on Twitter). All four of those teams could be in the market for a closer, but they aren't the only ones interested in Gregg.

Since the right-hander is a Type B free agent, teams won't have to surrender a draft choice to sign him. The Blue Jays will obtain a supplementary first rounder if Gregg signs a big league deal elsewhere. If you're wondering which ranked free agents have accepted or turned down arbitration, check out MLBTR's free agent arbitration offer tracker.

When Mike Axisa broke down Gregg's free agent stock yesterday, he explained that closing experience, a history of health and high strikeout rates should play in Gregg's favor. The 32-year-old walks lots of hitters, but he may very well get another chance to close.