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Blue Jays sign Francisco Cordero to serve as setup man

Jan 24, 2012, 4:32 PM EDT

Francisco Cordero AP

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 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.

  1. missthemexpos - Jan 24, 2012 at 4:38 PM

    Full credit to A.A. for the complete rebuild of the bullpen for the Jays. It was certainly far and away the biggest weakness for Toronto going into the off-season.

  2. cur68 - Jan 24, 2012 at 4:42 PM

    Alex Anthopoulos the Quiet Assassin, strikes (like a cobra) again. No one saw this, at this price. Yowza.

    My dream, when I dare to dream of big things and not just hoping for my statistical analysis to make sense, is that all this jibber jabber about big hitters going to teams already stacked with hitters @ 1st, is just more Quiet Assassin smoke & the Big Boi is a Beaver Man. In the end, though, I fear all that smoke is really Leyland’s personal nicotine supply being consumed in the happy fires of a man with possibilities.

  3. proudlycanadian - Jan 24, 2012 at 4:51 PM

    I am quite surprised. The price was right.The Jays had rebuilt the pen already but this signing is a bargain. The bullpen should be awesome.

  4. WhenMattStairsIsKing - Jan 24, 2012 at 5:00 PM

    Excellent looking bullpen, and a great price for Cordero. Well done, AA!

  5. Francisco (FC) - Jan 24, 2012 at 5:08 PM

    I’m noticing a pattern with mister A.A. it seems he doesn’t meet a ballplayer named Francisco he doesn’t like…

  6. tn16 - Jan 24, 2012 at 5:43 PM

    AA GM of the year

    • WhenMattStairsIsKing - Jan 24, 2012 at 5:56 PM

      Haha, the year is 24 days old, and the MLB season has yet to begin 😉

  7. whodeytn - Jan 24, 2012 at 6:50 PM

    You guys sure are excited for an over the hill pitcher who can’t hold onto close leads.

    You can have him. We’ll be fine with Sean Marshall and Ryan Madson!

    • dirtyharry1971 - Jan 24, 2012 at 8:53 PM

      you have to excuse the jay fans whodeytn, they get excited when a 45 year old shortstop signs with them or anyone else for that matter.

  8. uyf1950 - Jan 25, 2012 at 5:31 AM

    Boy did Cordero get the short end of the free agency stick.

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