Right on cue, the Blue Jays just announced via their Twitter feed that they have avoided arbitration with reliever Frank Francisco by agreeing to a one-year, $4 million contract.
Francisco, who was acquired from the Blue Jays for Mike Napoli earlier this week, requested $4.875 million and was offered $3.5 million from the Rangers when arbitration figures were exchanged earlier this month, so he ultimately settled for a little below the midpoint. He accepted arbitration from the Rangers in November due to his Type A free agent status.
The 31-year-old Francisco lost his closer job to Neftali Feliz last April and his season was eventually cut short due to a strained muscle in his side, but he still managed to compile a 3.76 ERA and 60/18 K/BB ratio over 52 2/3 innings. He should have the advantage over Octavio Dotel and Jon Rauch for the closer role in Toronto this season.