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Blue Jays Sign Josh Donaldson To Two-Year Contract

John E. Sokolowski-USA TODAY Sports

The Blue Jays have reached an agreement with Josh Donaldson on a two-year, $29-million contract a, source tells Shi Davidi of Sportsnet. The 2015 American League MVP was going to earn either $11.8 million or $11.35 million for the 2016 season. Rather than heading to an arbitration hearing with a star player, the Jays front office was able to settle Donaldson's salary for the next two seasons. 

Donaldson, 30, is awesome. He is also controllable for one additional season once this agreement expires, so the Jays will retain his rights for the 2018 season. He will once again be eligible for arbitration following the 2017 season, and you can expect him to receive an amount closer to his free agent value.

It would have been nice to lock up a few of Donaldson's free agent years, but i'm sure the price was sky high. On the bright side, we get to watch a superstar third baseman play in Toronto for the next three seasons. I'm not sure how Alex Anthopoulos stole Donaldson away from Oakland, but the trade sure is looking pretty lopsided right about now.