The deal fills pressing needs for both clubs, as Washington has been looking for outfield help to replace Denard Span, who signed with the Giants on Thursday. Toronto has been looking for back-end bullpen help all winter, and has always been thought of as a potential suitor for Jonathan Papelbon, another available Nationals' reliever.
Storen, 28, will join young right-hander Roberto Osuna in the back end of a Jays' bullpen that has struggled in recent seasons. Storen has spent his entire 6-year major-league career with Washington and is the owner of a 3.02 ERA in 355 appearances while saving 95 games. He will become a free agent at the conclusion of the season.
Revere returns to the NL East just six months after being traded from the Phillies to the Blue Jays, joining his fourth organization in seven major-league seasons. He will provide outfield depth alongside Bryce Harper, Jayson Werth and Michael A. Taylor for Washington, replacing Span, who has manned center field for the Nats since 2013.
Revere is a lifetime .295/.328/.348 hitter in six major-league seasons with the Twins (2010-12), Phillies (2013-15) and Blue Jays (2015). He is considered an above-average defender and base stealer.