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Blue Jays re-sign RHP Gavin Floyd to minor league deal

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Dan Hamilton-USA TODAY Sports

We finally have some actual news out of 1 Blue Jays Way, as Gavin Floyd will be returning in 2017 on a minor league contract. The exact terms haven't been disclosed, but presumably he'll have some sort of opt-out if he doesn't make the Major League roster either out of Spring Training or at some point early in the season.

After years of being tied to Toronto, Floyd finally joined the Jays in early February on a one year, $1-million dollar deal with another $1-million in incentives based on days on the active roster. Since he missed the rest of the season after partially tearing his lat muscle on June 25th, it would not appear any of those were triggered since the first bonus threshold was 90 days (June 25th was the 84th day of the season).

Floyd ended up in the bullpen coming out of Spring Training, and was one of the more trusted relievers in the first couple months, though less so after Jason Grilli was acquired at the end of May and Floyd had a couple rough outings in late May and early June. Overall, he posted solid if unspectacular results, a 4.06 ERA and 3.95 FIP over 31 innings.

If healthy, he should be firmly in the mix for a bullpen spot, and considering his decent 2016 before the injury, might even have the inside track. This doesn't move the needle significantly, and those who want too add established arms to the bullpen might be disappointed, but Floyd another potentially solid option with little if any downside.