The Blue Jays announced that they signed Jon Rauch to a one-year deal that pays the reliever $3.5MM in 2011 and includes a club option for $3.75MM in 2012. There's a $250K buyout for the 2012 option, so the deal is worth a total of $3.75MM in guaranteed money, according to Jon Heyman of SI.com (on Twitter).
Rauch posted a 3.12 ERA with 7.2 K/9, 2.2 BB/9 and a 37.7% ground ball rate in 57 2/3 innings for the Twins last year. The 32-year-old has always been a fly ball pitcher and the Blue Jays play in homer-friendly Rogers Centre. The combination isn't ideal, but the Blue Jays needed dependable arms after losing Kevin Gregg and Scott Downs to free agency. Rauch has made 50 appearances or more in each of the last five seasons.
The Twins did not offer the Type B free agent arbitration after the season, so they will not receive a pick for losing the 6'11'' hurler. The Blue Jays do not forfeit a pick for signing Rauch.