Toronto placed Edwin Encarnacion on waivers in mid-November and he was claimed by Oakland only to non-tendered three weeks later. And now he’s back with the Blue Jays, agreeing to a one-year, $2.5 million deal with a 2012 team option worth $3.5 million.
It was an odd little journey for Encarnacion, but basically the moves boiled down to the Blue Jays not wanting to give him a raise on his $4.75 million salary via arbitration. Instead of non-tendering him they placed him on waivers and the A’s essentially let him sit on the 40-man roster for a few weeks while they decided what to do at third base, eventually agreeing that he wasn’t worth $5 million.
Ultimately it looks like a smart series of events for the Blue Jays, as they retain Encarnacion for about half of what he would’ve made through the arbitration process and also get a reasonable 2012 option out of the deal.
Encarnacion has proven to be a pretty awful defensive third baseman, but Gregor Chisholm of MLB.com reports that the Blue Jays will likely use him mostly as a first baseman and designated hitter. His offense has also been inconsistent, but Encarnacion has averaged 25 homers per 550 at-bats for his career and should be good for an OPS around .800 if healthy. As usual, Jack Black is very excited about the re-signing: