Josh Donaldson's salary arbitration hearing with the Toronto Blue Jays has apparently been cancelled.

That's because the 2015 American League MVP reportedly has agreed to a two-year contract worth close to $29 million US.

Donaldson, who made $4.3 million last season after losing in arbitration, was seeking $11.8 million this time around while the Blue Jays were offering 11.35 million.

The 29-year-old hit .297 with 41 home runs, an AL-leading 123 runs batted in and 122 runs in his first season with Toronto.

More to come