Is Marco Estrada close to signing a 2-year deal?

Joel Sherman, earlier tonight, reported this:

Nothing finalized, but lots of buzz #Bluejays, Estrada nearing 2-yr deal in $24M-$29M range. Would mean not taking $15.8M qualifying offer

— Joel Sherman (@Joelsherman1) November 13, 2015

And Shi Davidi is saying the same:

As @Joelsherman1 mentioned first, #BlueJays working on two-yr deal with Marco Estrada ahead of QO deadline Friday: https://t.co/0Nhs1TpLQF

— Shi Davidi (@ShiDavidi) November 13, 2015

I'm not sure I if I would rather have him take the 1-year qualifying offer, than give him two years at almost the same amount a year, but that's me. I think the QO will stop other teams from giving him much of an offer. Since he hasn't made 30 starts in a season, would you give up a draft pick, as well as pay him more than the Jays are offering.

I'm figuring that, by the time I get up tomorrow morning (I'm in the west and I'm planning on sleeping in), he'll have signed.