Cody Ponce Signs 3-Year Deal with Blue Jays

Here’s a breakdown of the key data from⁢ the provided ESPN article:

* Cody‌ Ponce Contract: Cody ⁢ponce, a pitcher who recently excelled in the Korea Baseball Institution (KBO), has signed a three-year, $30 million contract with the ⁤Toronto Blue⁣ Jays.
* ⁤ Record-breaking Deal: ​ This is the​ largest contract ever given to⁤ a domestic ⁤player returning⁤ from⁤ the KBO, doubling the previous​ record.
* Ponce’s​ KBO Performance: In ‌2023, Ponce was ⁢the KBO’s Most Valuable Player, posting a remarkable 17-1 record with a 1.89 ERA⁤ and⁢ 252​ strikeouts.
* Blue Jays Rotation: Ponce⁢ joins a already⁣ strong Blue⁣ Jays rotation that recently added Dylan Cease. The rotation now includes: ‍Cease, Kevin Gausman, trey Yesavage, Shane bieber, Jose Berrios, and now Ponce.
* Previous KBO Contract: The previous highest contract for a player returning ‍from the KBO⁤ was a two-year, $15 million deal given to erick Fedde by the Chicago White Sox.
* ponce’s Improvements: Ponce has improved his strength and velocity, now consistently throwing⁢ in the mid-90s mph range.
* Luxury Tax ⁣Implications: The contract pushes the ⁣Blue Jays’ projected luxury tax payroll over $270 ⁣million.