Jacob Waguespack has signed a one-year, $1.3 million deal with the Rays, featuring a club option for 2026 that could rise to $2 million based on performance metrics. The 31-year-old made his MLB debut with the Blue Jays in 2019, recording a 5-5 record and a 4.38 ERA. After playing in Japan for two seasons, he returned to the majors with Tampa Bay in 2024. Despite making the opening day roster, Waguespack struggled with a shoulder injury, limiting him to 10 innings and a 5.40 ERA for the year.