The team reportedly has signed free-agent backstop Dioner Navarro to a two-year contract worth $8 million US.
Arencibia’s future in Toronto has been a hot topic this year after he posted a .194 batting average and .227 on-base percentage in 2013. In three-plus seasons with the Blue Jays, the 27-year-old sports a .212 average.
Navarro, 29, hit .300 last season with a career-high 13 home runs in 89 games for the Chicago Cubs.
The 10-year veteran from Venezuela has also played for the Tampa Bay Rays, New York Yankees, Los Angeles Dodgers and Cincinnati Reds.
Navarro has a career .251 batting average with 54 home runs and 243 runs batted in.
The Blue Jays probably will retain backup catcher Josh Thole, who has experience catching knuckleballer R.A. Dickey, making Arencibia expendable.