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.

Report: Rangers sign Jeff Mathis to two-year deal

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The Rangers have signed catcher Jeff Mathis to a two-year contract, per Ken Rosenthal of The Athletic. The deal is pending a physical.

Mathis turns 36 years old at the end of March and has a career .564 OPS across 14 seasons, but he is well-regarded for his defense and ability to handle a pitching staff.

The arrival of Mathis could mean the Rangers are moving on from Robinson Chirinos behind the plate, as he is now a free agent. The Rangers could go after another catcher to complement Mathis or just have Isiah Kiner-Falefa back up Mathis. Though Kiner-Falefa mostly played elsewhere, including three spots across the infield, he did rack up over 300 defensive innings behind the plate in 2018.