TORONTO -- The Blue Jays announced on Tuesday that they have officially signed Curtis Granderson to a one-year deal.
Granderson, who will earn $5 million, with additional performance incentives built into the contract, is coming off a season in which he hit .212 with 26 home runs and 70 RBIs over 147 games with the Mets and Dodgers. The 36-year-old made a handful of appearances for Los Angeles during the postseason, but was left off the roster for the World Series.
Since the Granderson deal was first reported last Monday, Toronto acquired outfielder Randal Grichuk in a three-player trade with the Cardinals on Friday. President Mark Shapiro and general manager Ross Atkins appear to have a clear strategy this offseason of spreading their available money around to multiple players instead of spending most of it on one player.
Toronto has a projected payroll of $151 million after factoring in arbitration and pre-arbitration players on the roster. Per club policy, the Blue Jays do not publicly disclose payroll parameters, but the range for 2018 is expected to be the same as it was for '17, which was approximately $165 million.
That left the Blue Jays with a range of $10 million to $15 million to spend this offseason. In addition to another outfielder, the club is in the market for a fifth starter and possibly an additional lefty reliever. With multiple needs, that money will have to be divided up, so a big signing through free agency may prove difficult.
Granderson is entering the latter stages of his career, but he still possesses quite a bit of power. The 15-year veteran has at least 20 home runs in four consecutive seasons and can play either corner outfield spot. He also struck out 123 times in 449 at-bats last season, and six stolen bases showed Granderson is no longer a speed threat.