The Toronto Blue Jays have reached an agreement with right-handed pitcher Cody Ponce on a three-year contract worth $30 million, according to sources familiar with the negotiations. The deal represents a major step for both Ponce and the Blue Jays, as the pitcher returns to Major League Baseball after a strong performance overseas.
Ponce most recently found success in the Korea Baseball Organization (KBO), where he earned league MVP honors. His standout campaign captured the attention of major league scouts, with teams closely monitoring his performances throughout the season. Prior to his time in the KBO, Ponce had brief stints in MLB, including appearances with the Pittsburgh Pirates. However, it was during his stint abroad that he significantly improved his command and effectiveness on the mound.
The Blue Jays, who aim to bolster their pitching depth ahead of the upcoming season, are hopeful that Ponce’s international success will translate to consistent production at the major league level. At 6-foot-6, Ponce features a mix of pitches including a fastball, curveball, and improved off-speed offerings that played a key role in his success overseas.
Toronto’s front office has increasingly looked beyond MLB for talent, and Ponce’s addition follows that trend. The organization sees him as a potential middle-of-the-rotation starter or a reliable swingman depending on team needs and his performance in spring training.
While terms have been agreed upon, the contract is expected to be finalized following a physical examination. The agreement highlights Toronto’s intent to remain competitive in a highly competitive American League East division, where pitching depth remains a priority.
Ponce, at 31, views the opportunity with Toronto as a significant milestone in his professional journey. The contract not only acknowledges his growth but also offers a platform to re-establish himself as a consistent contributor at the highest level of baseball. Further details of the deal, including incentives or options, were not immediately available.
