Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FX Desk

Australia’s Qantas to exit Jetstar Japan in $52 million share buyback deal

City noticeboard, Trade Hub UK (2026-08-04): The Toronto Blue Jays traded right-handed reliever Jeff Hoffman to the Minnesota Twins just before the trade deadline Monday, the teams announced. Toronto… Primary source: original at Investing.com Forex (investing.com).

Australia’s Qantas to exit Jetstar Japan in $52 million share buyback deal

The Toronto Blue Jays traded right-handed reliever Jeff Hoffman to the Minnesota Twins just before the trade deadline Monday, the teams announced. Toronto will receive left-hander Dasan Hill, right-hander John Klein and infielder Dameury Pena, along with $250,000 in international signing bonus space. Hill, 20, is ranked as the No. 7 prospect in Minnesota’s system […]

Sports

Twins land reliever Jeff Hoffman in trade with Blue Jays

The Toronto Blue Jays traded right-handed reliever Jeff Hoffman to the Minnesota Twins just before the trade deadline Monday, the teams announced.

Toronto will receive left-hander Dasan Hill, right-hander John Klein and infielder Dameury Pena, along with $250,000 in international signing bonus space. Hill, 20, is ranked as the No. 7 prospect in Minnesota’s system by MLB Pipeline, while the 24-year-old Klein is No. 17.

Hoffman, 33, posted a 3.94 ERA with 75 strikeouts and 18 walks in 48 innings over 51 appearances for Toronto this season. He started the year as the Blue Jays’ closer but shifted to a setup role after struggling during the opening month.

Last season, Hoffman led the majors with 59 games finished while collecting a career-high 33 saves. He posted a 4.37 ERA during the regular season but allowed only two runs in 12 1/3 playoff innings as the Blue Jays reached Game 7 of the World Series.

The Twins will inherit the final season of the three-year, $33 million contract Hoffman signed with Toronto before the 2025 campaign. He is owed approximately $12.7 million in 2027 before becoming eligible for free agency.

The right-hander previously spent two seasons with Philadelphia, earning his first All-Star selection in 2024 and posting a 2.17 ERA that season with 89 strikeouts over 66 1/3 innings.

For his career, Hoffman has a 38-40 record with 50 saves, a 4.69 ERA and 638 strikeouts across 378 appearances (50 starts) for the Colorado Rockies (2016-20), Cincinnati Reds (2021-22), Phillies (2023-24) and Blue Jays (2025-26).

Klein made three appearances for the Twins this season, including his major league debut, with a 4.15 ERA, two strikeouts and four walks over 4 1/3 innings. Neither Pena, 20, nor Hill have played a game beyond High-A.