Toronto Blue Jays gambled and lost on Kirby Yates signing

The Toronto Blue Jays rolled the dice on reliever Kirby Yates and unfortunately came up with snake eyes as the hurler is headed for Tommy John surgery.

It is being reported that Kirby Yates had his prospective salary cut by nearly 40% due to a pair of concerning medicals. The Blue Jays opted to gamble on the veteran closer inking the 33 year old to a one-year $5.5 million dollar pact near the end of January.

Two spring training appearances later and the reliever is reportedly headed for his second Tommy John surgery. According to Ken Rosenthal of the Athletic, the Atlanta Braves backed out of their $9 million dollar guaranteed offer while the Blue Jays reduced their original offer by three million.

Yates was arguably the most dominant closer in all of baseball in 2019 posting a 1.19 earned run average in 60 appearances for the Padres. This convinced the brain trust that the potential reward outweighed the risk as they forged ahead with the $5.5 million dollar signing while others pulled the chute.

Interesting stuff here from @Ken_Rosenthal about how Yates’ MRIs led to his guaranteed money being cut by almost 40%. #Bluejays gambled on him and lost, but it’s exactly the kind of high-risk, high-reward move you should want teams that have money to be making. https://t.co/WCx6fLdcjt
— Mike Wilner (@Wilnerness) March 24, 2021