Former Cub Kevin Gregg a Blue Jay?

Reports are that Kevin Gregg has signed a one year deal with the Toronto Blue Jays.  Gregg started off last year as the Cubs' closer, only to lose the job to Carlos Marmol before season end.  Gregg was 5-6 with a 4.72 ERA and 23 saves in 72 appearances with the Cubs last season

Gregg is reportedly receiving a guaranteed salary of $2.75 million but could net more than $8 million over 2 years or $12 million over 3 years. 

If Gregg can command money like that, Carlos Marmol's chances of getting more via arbitration had of just went up.