What happened: The Toronto Blue Jays officially reinstated Max Scherzer from the 15-day injured list on Wednesday. Scherzer, who has been sidelined since late April with forearm tendinitis and ankle inflammation, is scheduled to start tonight's series finale against the Philadelphia Phillies. To make room on the active roster, the club designated right-hander Connor Seabold for assignment.

Why it matters: Scherzer's return is a significant boost for a Toronto rotation that has been depleted by injuries to key starters this season. While he struggled with a 9.64 ERA across five starts before his IL stint, his veteran presence is vital for a team currently sitting eight games back in the division. The market responded to the news with the betting line shifting slightly toward Toronto as he prepares to chase a career milestone.

What to watch: Scherzer will face Phillies left-hander Jesús Luzardo tonight at Rogers Centre. First pitch is scheduled for 7:07 PM ET.