The Toronto Blue Jays are finally starting to get healthy and find their rhythm, but there's still plenty of work to be done if they want to climb out of the American League East basement. Sitting at 16-21 and tied with the Boston Red Sox for last place, the club's biggest headache so far has been its bullpen—a unit that ranks 18th in the league with a 4.20 ERA.

One of the main culprits? Former All-Star Jeff Hoffman. The right-hander has struggled mightily in 2025, posting a 5.74 ERA over 17 appearances and losing his grip on the closer role after a rough stretch. It's a far cry from the form that made him an All-Star just last season, and it's raising questions about his future in Toronto.

According to Bleacher Report's Kerry Miller, Hoffman could be the Blue Jays' most likely trade chip ahead of the deadline. "Contract: $11M, $11M in 2027. Triple-A pitching prospects Adam Macko and Jake Bloss are probably more likely to get moved, but could the Blue Jays unload Hoffman now that Louis Varland has shown himself capable as the closer?" Miller wrote. "Hoffman's strikeout rate is better than ever, and his hard-hit percentage is almost as low as it has ever been. He has just been dreadfully unlucky in the early going, and teams might want to buy low on the 2024 All-Star."

It's an intriguing thought, even if it feels like a long shot. If Toronto could move Hoffman's remaining salary off the books, it would be a clear win for a team looking to retool on the fly. But given his current struggles, finding a taker willing to take on that contract might be easier said than done. For now, the Blue Jays will have to hope Hoffman can rediscover his All-Star form—or risk watching him become a deadline deal that never quite materializes.