The Blue Jays and Jason Frasor have avoided arbitration by agreeing to a one-year, $3.5 million contract, according to a team press release. The contract includes a $3.75 million team option for 2012.
The 33-year-old Frasor accepted arbitration from the Blue Jays at the end of November, a decision motivated by his Type A free agent status, which would have likely limited the number of interested teams.
Scott Downs and Kevin Gregg both left via free agency this winter, but the Blue Jays are still in good shape in their bullpen after the additions of Carlos Villaneuva, Octavio Dotel, Jon Rauch, and most recently, Frank Francisco.
As a result of the Vernon Wells trade last Friday, Frasor is now the longest tenured player on the Blue Jays. The right-hander posted a 3.68 ERA and 65/27 K/BB ratio over 63 2/3 innings last season. He has topped 60 appearances in each of the last two seasons.