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7:50am: Jon Heyman of FanRag Sports hears that the two sides are discussing a two-year contract (Twitter link). FOX’s Ken Rosenthal agrees, tweeting that Bautista and the Jays are discussing a two-year pact in the $35-40MM range. That’s a departure from Passan’s report, though it should be noted that Passan’s tweets were around 2am, so there’s certainly been enough time for talks to have changed course.
JAN. 16, 7:13am: Jeff Passan of Yahoo Sports reports that the two sides have discussed multiple iterations of a deal but are currently focused on a one-year pact (Twitter links). A deal isn’t quite done yet, but each side is optimistic that something will be completed.