Tyler Colvin Getty

Tyler Colvin elects free agency

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After passing through waivers and being outrighted off the Rockies’ 40-man roster last month, Tyler Colvin is now free to sign with any team. According to Matt Eddy of Baseball America, the 28-year-old has elected free agency.

Colvin was a first-round pick of the Cubs back in 2006 and hit .290 with 18 homers and an .858 OPS in 136 games for the Rockies last season, but he batted just .160/.192/.280 with three homers and 27 strikeouts in 27 games at the major league level this year. And while he hit .275 with nine homers and an .857 OPS in 67 games at the Triple-A level, those numbers must be taken with a grain of salt due to the hitter-friendly environment.

Colvin owns a 26.3 percent strikeout rate in the majors and hasn’t solved left-handing pitching, but he has real pop in his bat and his poor 2013 can be blamed in part on a back injury which sidelined him for a long stretch during the second half. He figures to generate plenty of interest as a buy-low type.

Jose Bautista and the Blue Jays nearing a two-year, $35-40 million deal

Toronto Blue Jays Jose Bautista flips his bat after hitting a three-run homer during seventh inning game 5 American League Division Series baseball action in Toronto on Wednesday, Oct. 14, 2015. (Nathan Denette/The Canadian Press via AP) MANDATORY CREDIT
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It was first reported that the Blue Jays and Jose Bautista were close to a deal last night. Now Ken Rosenthal reports that the deal is near completion. It will likely a two-year contract in the $35-40 million range.

Bautista had a tough 2016, hitting .234/.366/.452 with 22 home runs and 69 RBI, and some clubs likely considered a long-term deal for the 36-year-old too risky, this leading to the relative lack of reported interest in Bautista by other clubs. But back-to-back ALCS appearances by the Jays and the success and popularity Bautista has experienced in Toronto make his re-signing there a pretty sensible move for all involved.

The Jays, who already lost Edwin Encarnacion to free agency, get their slugger back on a short term deal. Unlike anyone else, they don’t have to give up the draft pick attached to him via the qualifying offer. Bautista, in turn, will make, on average, more than he would’ve made on the qualifying offer if he would’ve accepted it and a raise over the $14 million he made in 2016.

Padres sign Trevor Cahill

Chicago Cubs relief pitcher Trevor Cahill (53) during the seventh inning of Game 3 in baseball's National League Division Series against the St. Louis Cardinals, Monday, Oct. 12, 2015, in Chicago. (AP Photo/Paul Beaty)
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The Padres have signed Trevor Cahill to a one-year, $1.75 million contract.

As recently as the middle of the 2015 season it looked like Cahill’s career would meet a premature end, but after being released by the Braves and signing with the Cubs in August of that season he has been a remarkably effective reliever. He has posted a 2.61 ERA in 61 games in Chicago and has posted a strikeout rate far above his career norms.

He’s not someone you necessarily want taking the hill when the leverage is high, but in San Diego the leverage won’t be all that high all that often.