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UPDATE: Ervin Santana is prepared to wait “days” before signing

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UPDATE: While recent reports have indicated that Ervin Santana is looking to find a team as soon as possible, FOX Sports’ Jon Morosi reports that the free agent right-hander has not set a deadline and is prepared to wait “days” before signing with a club. The wait continues.

1:15 p.m. ET: More intrigue. Enrique Rojas of ESPN.com reports (story in Spanish) that Santana is deciding between a one-year, $14 million deal with the Blue Jays and a one-year, $13 million deal (plus incentives) with the Orioles.

12:30 p.m. ET: It’s apparently not a deal done yet. Enrique Rojas of ESPN Deportes hears that Santana will sign with the Blue Jays if he doesn’t receive a better offer by 5 p.m. ET. Meanwhile, FOX Sports’ Jon Morosi reports that the Blue Jays and Santana are working toward a deal, but an agreement is not in place.

12:22 p.m. ET: The mystery team has been identified. According to Dionisio Soldevila of ESPN Deportes, the Blue Jays and free agent right-hander Ervin Santana have agreed to terms on a one-year, $14 million contract.

Soldevila reported this morning that Santana was set to sign a one-year, $14 million deal with an American League team. The Blue Jays and Orioles were considered the most logical fits, but Toronto was apparently able to get the deal done.

Santana was reportedly hoping to land a $100 million contract this winter after posting a 3.24 ERA and 161/51 K/BB ratio over 211 innings last season with the Royals, but draft pick compensation and worries over his elbow greatly diminished his market. However, it looks like he’ll still get a deal close to the one-year, $14.1 million qualifying offer he turned down from the Royals.

Assuming the deal gets done, Santana would join a rotation which projects to include R.A. Dickey, Brandon Morrow, Mark Buehrle, and J.A. Happ. The Blue Jays have two protected first-round picks this year (one is for finishing with one of the 10 worst records last season and the other is for failing to sign their first-round pick last year), so they would only have to surrender their second-round pick in order to sign him.

Phillies sign outfielder Michael Saunders

CLEVELAND, OH - MAY 3: Michael Saunders #21 of the Toronto Blue Jays runs to first after being walked during the third inning against the Cleveland Indians at Progressive Field on May 3, 2015 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)
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The Phillies have signed free agent outfielder Michael Saunders.

Saunders was an All-Star in 2016 due to his wonderful start, but he cratered in the second half of the season. Overall is numbers looked good — he hit 24 homers and posted a line of .253/.338/.478, but his second half line was .178/.282/.357 in 58 games. He’s not the best defender around either.

The Phillies could use him, however, and if he has another red hot first half, there’s a decent chance they could flip him if they wanted to.

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.