"The Blue Jays continued to revamp their bullpen on Tuesday afternoon by agreeing to terms with free agent reliever Francisco Cordero.

The move is pending a physical and has been confirmed by an MLB.com source close to the negotiations. A report on Foxsports.com indicated the deal was for one year at $4.5 million.

Cordero's signing puts an end to the club's overhaul of its bullpen following the recent acquisitions of Sergio Santos, Jason Frasor and Darren Oliver.

The 36-year-old Cordero posted a 2.45 ERA with 37 saves in 43 opportunities in Cincinnati last year. He has 327 saves in 397 career opportunities and will provide another veteran presence at the back end of Toronto's bullpen.

It's not yet known exactly what role Cordero will have with the Blue Jays but he likely will serve as a set-up man to recently acquired right-hander Sergio Santos. "