Outfielder Jose Bautista is returning to the Blue Jays on a one-year deal, multiple outlets reported Tuesday.
The contract is reportedly worth $17.2 million for 2017 and includes a mutual option for the following season.
Bautista rejected that same one-year offer in November and became a free agent.
The 36-year-old Bautista is a six-time All-Star but didn’t draw much interest on the free-agent market after hitting just 22 homers with 69 RBIs in 2016.
Prior to the season, Bautista insisted he wouldn’t give the Blue Jays a “hometown discount” and would part ways if his financial demands weren’t met.
Bautista joined the Blue Jays in 2008 and has three 40-homer seasons during his time with the club.
Toronto lost star slugger Edwin Encarnacion earlier in the offseason. Encarnacion signed with the Cleveland Indians as a free agent.