Estrada, 32, is coming off a season in which he went 13–8 with a 3.13 ERA, which ranked fifth in the American League, in 34 games. Estrada started 28 of those games. He went 2–1 with a 2.33 ERA in three postseason starts before the Blue Jays lost to the Kansas City Royals in the American League Championship Series.
Estrada is expected to earn $11.5 million for 2016 and $14.5 million in 2017. Estrada was offered a one-year qualifying offer worth $15.8 million before signing the new extension ahead of Friday's 5 p.m. deadline.
- Christopher Chavez