The Jays exercised the team option on Grilli's contract for the 2017 season, Greg Chisholm of MLB.com reports.

EDGE Analysis

Toronto will pay Grilli $3 million next season after it declined to use the $250,000 buyout on his deal. The move previously had been announced by the club in October, but it did not become official until after the World Series. The right-hander joined the Jays at the end of May in a trade with the Braves. He went on to post a 3.64 ERA in 42 innings while filling a key setup role to closer Roberto Osuna. Grilli, a 14-year veteran, has a career 4.09 ERA with 646 strikeouts over 644.2 innings.