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Blue Jays 2025 free agent target: Emilio Pagán
© Jeff Hanisch-Imagn Images

Whether it’s during this offseason or at the 2026 trade deadline, the Blue Jays and other playoff contenders will be eyeing bullpen help in different capacities. Our next look at the 2025 free agent class takes us to someone who will factor into at least the former.

That would be Emilio Pagán, who is coming off arguably the best season of his career. A nine-year MLB vet who has also pitched in 11 postseason games, Pagán has been traded four times throughout his career, with this winter marking only his second bout with free agency.

2025 Season Stats

Pagán had one of the more successful campaigns of his career last season with the Cincinnati Reds. He authored a 2.88 ERA, 0.92 WHIP, 10.6 K/9, and a 2.9 BB/9 while setting career-high marks in games (70) and saves (32), with his ERA and WHIP serving as second-best numbers of his career.

The saves were probably not expected to come at that level entering the ’25 season for Pagán; Reds closer Alexis Díaz struggled immensely to start the year, allowing eight earned runs over six relief innings. Those numbers continued a negative trend for Díaz, who was demoted to Triple-A Louisville and then traded to the Dodgers nearly a month later. Hence, Pagán was gifted a golden opportunity to assume the closer role just months before free agency.

Pagán was relatively consistent all season, with only a 10-point difference between his first and second half ERAs. He had just one month where he allowed over four earned runs, and he closed the season with just one earned run allowed in his final twelve outings with the Reds fighting for a playoff spot.

As his career has progressed, Pagán’s pitch mix has gotten more simplified.

Last season, he featured just a four-seam fastball, a cutter, and a splitter, with both of the secondary pitches playing heavily to a preferred handedness of hitters. He threw his fastball 61% of the time, with opponents hitting just .171 against it. The heater averaged at 95.8 mph, which was a 1.2 mph increase from the season before.

Pagán’s most effective pitch was his splitter, one he threw mainly to lefties. His split generated a 40.7% whiff rate and allowed just seven hits (four of those were singles) to opposing hitters last season.

While Pagán didn’t have too many polarizing statistical splits, he gave up eight of his ten home runs at home this season. That shouldn’t particularly come as a surprise to the typical baseball fan; Great American Ball Park is one of the friendliest parks for home runs in the MLB.

Pagán has had seasons where he’s been at or near the top in home runs allowed for relievers (see 2018, 2019, 2021, and 2022), so while Reds GM Nick Krall has expressed interest in bringing Pagán back to Cincinnati, his stuff might play better in a pitcher-friendly park such as Oracle Park in San Francisco.

12Does Pagán fit on the Blue Jays?

The home run ball is a good transition here, as Toronto’s pitching staff ranked sixth in baseball in home runs allowed last season. That may keep the Blue Jays disinterested, but that doesn’t mean that Pagán isn’t an impactful reliever.

You can never have enough bullpen depth. Any playoff or fringe playoff team will be searching for bullpen arms at every trade deadline. With that being said, there is definitely a fit for Pagán, a veteran high-leverage arm with high fastball velocity, and the Blue Jays.

It is worth noting, though, that the Blue Jays should be getting Yimi García back by Spring Training, and since he’s likely going to fill in the setup or high-leverage role, that’s one less bullpen spot for an external add like this. The Blue Jays may also be aiming higher in the relief market, with names like Robert Suarez, Edwin Díaz, and Devin Williams representing the elite tier. With Ross Atkins’s comments about Jeff Hoffman not being “married” to the idea of being a closer, it wouldn’t be surprising to see the Blue Jays dabble in that market.

Pagán’s contract requirements are an interesting case; coming off a season where he set a career-high in saves, could he be looking for closer-type money? Is he looking for a multi-year deal? Spotrac currently projects his market value at $12.3 million per year, very similar to the AAV on Hoffman’s contract.

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This article first appeared on Bluejaysnation and was syndicated with permission.

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