Blue Jays sign Francisco Cordero to serve as setup man

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Not only couldn’t Francisco Cordero secure a multi-year contract coming off a season in which the longtime closer saved 37 games with a 2.45 ERA, it turns out he couldn’t even find a closing gig.

Ken Rosenthal of FOXSports.com reports that Cordero has agreed to a one-year, $4.5 million deal with the Blue Jays, who plan to use him as a setup man in front of new closer Sergio Santos.

Reports earlier this offseason suggested that Cordero turned down a deal to re-sign with the Reds that was worth at least $12 million for two years and later turned down a one-year offer worth around $7 million.

If true Cordero and his agent severely overestimated the market for a 36-year-old closer with a rapidly declining strikeout rate, particularly during an offseason with no shortage of veteran closers as free agents.

Shawn Tolleson retires from baseball

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Evan Grant of the Dallas Morning News reports that reliever Shawn Tolleson is retiring from baseball. The right-hander experienced a setback in his recovery from Tommy John surgery last week.

Tolleson, who turns 31 years old on Saturday, last pitched in the majors in 2016. He had two very good years out of the bullpen for the Rangers in 2014-15, posting an aggregate 2.88 ERA with 145 strikeouts and 45 walks across 144 innings.

Tolleson signed a one-year deal with the Rays in January 2017 before undergoing Tommy John surgery several months later. The Rangers inked him to a minor league contract in December 2017, but he wasn’t able to work his way back.