Blue Jays showing interest in Raisel Iglesias

The Toronto Blue Jays are among the teams with interest in free agent closer Raisel Iglesias, reports Francys Romero. That’s a logical fit with Toronto on the hunt for a late-game arm. They’ve also been linked to Edwin Díaz at the top of the relief market.

Iglesias remains one of the better relievers in MLB as he enters his age-36 season. The Cuban-born righty is coming off a 3.21 earned run average in 67 1/3 innings for the Braves. Iglesias went 29-34 in save chances, narrowly missing what would have been his sixth career 30-save campaign. Iglesias punched out an above-average 27.4% of opponents while limiting walks to a 6% clip. He got swinging strikes nearly 15% of the time while still getting opponents to chase outside the strike zone frequently.

In aggregate, this year was Iglesias’ worst since at least 2019. That’s mainly attributable to an early-season home run spike. He gave up seven longballs before the end of May and carried a near-6.00 ERA into June. Once he got the home runs in check, Iglesias looked like his usual excellent self. He turned in a 1.96 ERA with a 29.3% strikeout percentage over the final four months. Opponents hit .163/.224/.219 with one homer in their last 174 plate appearances.

Jays general manager Ross Atkins has already said they’re not committed to keeping Jeff Hoffman in the ninth inning. Signing a closer would allow manager John Schneider to use Hoffman as a multi-inning leverage arm earlier in games. Hoffman allowed the second-most home runs (15) among MLB relievers this year. The longball is the biggest concern with Iglesias as well but not to the same extent.

Iglesias’ age will cap him at a maximum of two years. He should command an eight-figure annual salary. The Braves didn’t find much trade interest with Iglesias making $16M this past summer. He elevated his stock by allowing just one run in 23 2/3 frames after the deadline, so it’s not out of the question that he commands something similar to this year’s salary on the open market. That’d especially be true if he takes a one-year guarantee, though MLBTR predicted he’d command a two-year contract at $13M annually.

The Dodgers are the only other team publicly linked to Iglesias this offseason. The Braves don’t have an obvious replacement for the closer and will probably stay in touch. Still, president of baseball operations Alex Anthopoulos said this week that they’re focused on shortstop and the rotation in the short term. If Iglesias receives strong two-year offers this month, he could sign elsewhere before the Braves are ready to pivot to the bullpen.