Hoffman was chosen ninth overall by the Blue Jays in the 2014 amateur draft out of East Carolina but has never pitched for them. He was traded the following year to Colorado with three other players in a blockbuster deal that brought star shortstop Troy Tulowitzki and reliever LaTroy Hawkins to Toronto.

Vladimir Guerrero Jr. and the Blue Jays avoided salary arbitration with a $28.5 million, one-year deal, while Framber Valdez and the Astros reached an $18 million deal.

Hoffman gets a 3-year, $33 million deal with Toronto with the anticipation that he will join the starting rotation.