New York Yankees sign Ryan Yarbrough

It did not take long for Ryan Yarbrough to find a new team.

After being released by the Toronto Blue Jays on Sunday, the lefty reliever agreed to a major-league contract with the New York Yankees on Monday, Robert Murray of Fansided reported.

Yarbrough exercised an opt-out on his deal as an XX(B) free agent after Toronto did not add Yarbrough to its 26-man roster.

This option is available for players who have at least six years of MLB service and are looking to force their team to add them to the major-league roster, pay them a $100,000 retention bonus or release them.

The 33-year-old joined the Blue Jays as a non-roster invitee in spring training, appearing in four games.

He registered a 4.05 ERA and 1.35 WHIP with eight strikeouts and one walk through 6.2 innings.

Sportsnets Shi Davidi chimed in expressing his happiness for Yarbrough.

Yarbrough is guaranteed $2MM on the deal and can earn another $250K via incentives, ESPN's Jorge Castillo reports.

Since the Yankees are in the top tier of luxury penalization, that comes with a 110% tax. Yarbrough will cost them a total of $4.2MM.

The Blue Jays acquired Yarbrough in a trade with the Los Angeles Dodgers for Kevin Kiermaier at last season's trade deadline.

He had a 2.01 ERA and 3.49 FIP with 26 strikeouts while only recording seven walks across 12 relief appearances.

Yarbrough finished the '24 season with a career-low 3.19 ERA in 98 2/3 innings, but that came with a paltry 16.3% strikeout rate and one of the tamest fastballs in the sport - averaging just 86.5 mph, per Statcast.

Yarbrough sat 89-90 mph as a starter early in his career, but like new teammate Tim Hill, is now more reliant on an unusual delivery and soft contact. Yarbrough rarely allows hard contact (29.4%) and has plus command that helps him offset his lack of missed bats.