"Iglesias reportedly signed for $16 million on a one-year deal. While the right-handed pitcher is a talented pitcher, he's 35 years old and just posted his worst ERA and FIP in a single season since 2019. A 3.21 ERA and 3.31 FIP are nothing to sneeze at, nor is his 253 saves in 291 opportunities. That said, the Blue Jays can do better."
"Iglesias' contract is a lot for a reliever. For context, Shane Bieber opted into his player option for 2026, and he'll only earn a salary of $16 million. Last off-season, the Blue Jays signed Jeff Hoffman to a three-year deal worth $11 million annually, with incentives that could bring it to $39 million over the three years. This was the largest contract the Jays have handed a reliever in the Mark Shapiro/Ross Atkins era, topping Yimi García and Chad Green's deals."
Raisel Iglesias re-signed with the Atlanta Braves after the Toronto Blue Jays spoke with him but did not make an offer. Iglesias agreed to a one-year, $16 million deal. He is 35 and posted his worst ERA and FIP since 2019, though he still recorded a 3.21 ERA, 3.31 FIP, and 253 saves in 291 opportunities. The contract is large for a reliever compared with recent deals like Shane Bieber's $16 million player option and Jeff Hoffman's three-year, $11 million annual contract. The Blue Jays plan bullpen upgrades, a starter with term, and position-player additions, and remain active in free agency.
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