Jim Duquette of MLB Network Radio on Sirius XM Radio reports that the Mets and Jon Rauch have agreed to a contract, pending a physical. Many outlets have reported that the Mets were closing in on the right-handed reliever, and it appears that it will be a one-year deal. The Mets are expected to target another reliever, which might affect whether or not Rauch would be used as the closer for his new club.

The Blue Jays offered arbitration to Jon Rauch. The Jays declined a $3.75 million option on Rauch at the end of the 2011 regular season. They're likely hoping that he will decline the arbitration offer and sign elsewhere, thus netting Toronto a 2012 draft pick.

The Blue Jays haven't ruled out re-signing Jon Rauch. The Jays declined a $3.75 million option on Rauch for next season, but they might have interest in bringing him back at a lesser rate. The 33-year-old righty posted a 4.85 ERA and tallied 11 saves in 52 innings of work this season. He's a Type B free agent.

Blue Jays declined Jon Rauch's $3.75 million option for 2012. Rauch posted a disappointing 4.85 ERA and 11 saves over 52 innings before undergoing season-ending surgery on his right knee in September. The 33-year-old right-hander qualifies as a Type B free agent. Frank Francisco is also a free agent this winter, which means the Blue Jays will be on the hunt for a new closer.

Blue Jays placed RHP Jon Rauch on the 15-day disabled list, retroactive to sept. 5, with torn cartilage in his right knee. Rauch is expected to undergo season-ending surgery in the near future. The free-agent-to-be ends a disappointing season with a 4.85 ERA and 11 saves in 52 innings. The Jays don't figure to exercise his $3.75 million option, but they might have some interest in bringing him back at a lesser salary.

Blue Jays activated RHP Jon Rauch from the 15-day disabled list. Rauch hasn't pitched since undergoing an emergency appendectomy in mid-August. The tall right-hander was handling save chances prior to going on the disabled list, but Frank Francisco has been the better pitcher for a while now. We suspect he'll pitch in a set-up role, at least initially.

Jon Rauch (appendectomy) threw 25 pitches in a simulated game Tuesday. Rauch also participated in fielding drills. If he feels alright physically on Wednesday, the Blue Jays plan to activate him from the disabled list Thursday. However, with the way Frank Francisco is pitching, the tall right-hander will likely pitch in a set-up role for now.

Jon Rauch (appendectomy) is scheduled to throw a simulated game Tuesday. Barring any setbacks, he could return from the disabled list as soon as Thursday. Frank Francisco hasn't allowed a run since July 20, so we suspect he'll keep the closer job even after Rauch returns.

Jon Rauch (appendicitis) threw a bullpen session Friday. Rauch underwent an emergency appendectomy earlier this month, but is getting back into the groove and should be ready to rock by the first or second week of September. He will throw another bullpen session Sunday.

Jon Rauch (appendicitis) is expected to be sidelined for 3-4 weeks. Rauch had an appendicitis Tuesday and is already back at the Blue Jays' team hotel recuperating. The 3-4 week timetable is a conservative estimate, as it seems possible he could be back sooner if he progresses steadily. Frank Francisco will handle the ninth inning while Rauch is out.