Edwin Encarnacion Reportedly Signs with Indians

Edwin Encarnacion had been a key member of the Toronto Blue Jays for the last seven-and-a-half seasons, but the 33-year-old slugger has found a new home with the Cleveland Indians, per Jon Heyman of Today's Knuckleball.

Heyman noted the deal is for three years with an added option year, adding that the deal is worth about $20 million per season.

Heyman reported on Wednesday that the Indians were "pulling out all the stops" to land Encarnacion.

Encarnacion has been consistent the last five years, averaging just over 38 home runs and 110 runs batted in per season. At his age, though, the first baseman/designated hitter could soon begin to decline.

Miguel Cabrera and Albert Pujols are both cautionary tales of why it's risky to pay large sums for sluggers who are in their 30s, no matter how impressive their track records are.