Yes, before Hoffman inked a three-year pact with the Jays, returning to the team that drafted him, the Orioles had a similar agreement in place with the closer. Baltimore had offered Hoffman a three year, $40MM deal before backing out due to concerns raised with his throwing shoulder.
They seemed to be have proven right as Hoffman has been sharp and durable in his first two for the Jays, throwing 20 pitches in Saturday's game and another 18 in Sunday's appearance on route to his first save of the season.