10:58AM EST: Heyman adds that the deal could go up to $5M with incentives based on number of games pitched.
10:36AM EST: Broxton will sign for $4 million and the Royals plan to have him as a set-up man, according to Jon Heyman via twitter. This probably won't end speculation that Joakim Soria could be traded, but this move could signal a plan to move Aaron Crow into the rotation.
9:22AM EST: According to a tweet from Ken Rosenthal of FOX Sports, the Kansas City Royals and free agent closer Jonathan Broxton have agreed to a one year deal, pending a physical. It had been reported that ten teams or more were interested in the former Los Angeles Dodgers closer.
Broxton pitched just 12 innings in 2011, his season ending in May due to an elbow injury, which he later had surgery on. Broxton will work in an off season throwing program, starting soon. The Royals already have Joakim Soria, so they will either keep him as closer with Broxton as the set up man, or maybe look to trade Soria for some young players value.
By having Soria already, and Aaron Crow, the Royals have bullpen flexibility which makes Broxton a low risk high reward move. If he can pitch like he had before 2011, Broxton has the ability to be one of the more dominant relief pitchers in Major League Baseball.