The Phillies' loss is the Royals' gain, as an All-Star free agent closer reached an agreement on a two-year contract worth at least $22 million over two years.

Carlos Estevez, who had been connected to the Toronto Blue Jays earlier this offseason, has signed on with the Kansas City Royals. It's a two-year deal.

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All-Star reliever Jeff Hoffman left in free agency, agreeing to a deal with the Toronto Blue Jays. He wasn’t the only key bullpen arm to hit the market, as Carlos Estevez, whom they acquired from the Los Angeles Angels ahead of the trade deadline last July, was also a free agent.

Insider Jon Heyman reported on Tuesday night that after a serious deadlock in negotiations, both the New York Mets and Pete Alonso have resumed dialogue.

Former Phillies reliever Carlos Estevez has agreed to a free-agent contract with the Kansas City Royals: Estevez’s deal with the Royals is expected to be for two years and $20 million with a $13 million club option ($2 million buyout),

This story was excerpted from Keegan Matheson's Blue Jays Beat newsletter. To read the full newsletter, click here. And subscribe to get it regularly in your inbox.

The Philadelphia Phillies could see a second premier talent from their bullpen depart in free agency any day now. Reds

Carlos Estévez, one of the top relievers remaining on the free agent market, could reunite with Phillies teammate Jeff Hoffman in the Blue Jays’ bullpen.

The Toronto Blue Jays finally landed a star free agent after missing out on many opportunities earlier in the offseason. They could bring in another star before Opening Day.

See the full Phillies schedule and dates as pitchers and catchers report for Spring Training in Clearwater, Florida.