Jeff Hoffman's Contract with Toronto Blue Jays Contains Some Interesting Details

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Late last week, the Toronto Blue Jays came to a three-year agreement with free agent reliever Jeff Hoffman. The deal is worth $33 million with incentives that can take it higher.
Earlier in the offseason, there had been talk of Hoffman moving into a starting rotation role for some teams and the Atlanta Braves apparently saw that, at least for the portion of a deal, before Hoffman failed a physical.
Hoffman also failed a physical with the Baltimore Orioles over shoulder concerns, which means the Jays have now taken a significant risk in signing him.
On Monday, Kiley McDaniel of ESPN released Hoffman's contract structure, which allows for extra earnings should he transition into a starter North of the Border at any point.
Source: for all 3 years, Hoffman will get $500,000 bonuses for each of 60, 70, 80, and 90 IP. Allows for more upside if he’s stretched out.
Source: for all 3 years, Hoffman will get $500,000 bonuses for each of 60, 70, 80, and 90 IP. Allows for more upside if he’s stretched out.
— Kiley McDaniel (@kileymcd) January 11, 2025
Read (for free!) Hoffman’s thoughts on what he looks for in team and how he remade himself in the last two seasons. https://t.co/xvbtGB6YOy https://t.co/sOVQnGt1ew
At first glance, Hoffman appears to have the inside track on the closer's role in Toronto. Previous closer Jordan Romano left this offseason after being non-tendered and is now a member of the Phillies, where Hoffman just came from.
Hoffman made the All-Star Game in 2023 for Philly and has also pitched for the Colorado Rockies and Cincinnati Reds.
The Blue Jays are coming off a last-place finish in 2024, but after signing Hoffman and being named as a finalist for Roki Sasaki, there has been some positive momentum lately.
The team has also been linked to Alex Bregman and Anthony Santander this offseason.
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Brady Farkas is a baseball writer for Fastball on Sports Illustrated/FanNation and the host of 'The Payoff Pitch' podcast which can be found on Apple Podcasts and Spotify. Videos on baseball also posted to YouTube. Brady has spent nearly a decade in sports talk radio and is a graduate of Oswego State University. You can follow him on Twitter @WDEVRadioBrady.