1:50pm: Bowman further reports that the Braves’ offer to Hoffman was a five-year pact valued between $45-48MM total. The idea would have been for Hoffman to get an opportunity to pitch out of the rotation in the season’s first few years before a potential move to the ’pen down the road. The lengthy nature of the pact suggests that part of the aim was to tamp down the annual value of the contract and thus reduce the luxury hit.
1:25pm: Right-hander Jeff Hoffman signed with the Blue Jays on Friday, a three-year deal with a $33MM guarantee. Shortly after the Jays announced that signing, it was reported that the Orioles had agreed to give Hoffman $40MM over three years but backed out after flagging a shoulder issue in his physical. The saga continues today, as Mark Bowman of MLB.com reports that the Braves also walked away from a deal with Hoffman.
There are no details on Hoffman’s agreement with Atlanta. It’s unclear if this was before or after the agreement with Baltimore. It’s also not publicly known what sort of financials details were worked out between Atlanta and Hoffman. Bowman doesn’t specifically mention what issue Atlanta found in the physical, though it’s presumably the same shoulder problem that the O’s flagged.
It’s a notable development on a couple of fronts. For fans of the Jays, this will perhaps add to the level of concern that already developed out of the report about the deal with the O’s. All teams have different thresholds for what is or is not a concern during a physical, but the fact that two clubs were scared away from Hoffman will understandably be a bit nerve-wracking for fans of the club he is now a member of.
It bears repeating that the Orioles didn’t want to walk away from Hoffman completely. Per last week’s reporting, Baltimore continued negotiating with Hoffman after nixing the $40MM agreement. That suggests that whatever they found in his shoulder wasn’t a dealbreaker, but rather something that lowered the amount of money they were willing to commit to him. It’s unknown how much the shoulder issue knocked off of their offer, but it presumably dropped below the $33MM figure that Hoffman got from Toronto.
Time will tell if the shoulder becomes a problem for Hoffman during the next three years, but it’s a situation that has precedents. Carlos Correa is the most notable recent example, as he originally had a 13-year, $350MM agreement with the Giants before they flagged an ankle issue in his…
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