Teams interested in free agent slugger Edwin Encarnacion will have to pay up for his services, as the designated hitter is reportedly expecting a five-year, $125-million deal in free agency, according to TSN's Rick Westhead, who spoke with Encarnacion's agent, Paul Kinzer.

Westhead adds Kinzer expects "10 or 11 teams" to have significant interest in Encarnacion, based on preliminary phone calls the agent's received so far.

Encarnacion is coming off another monster season with the Toronto Blue Jays, where he led the American League in RBIs with 127. The Dominican slashed .263/.357/.529 in 160 games with Toronto while mashing 42 home runs, tying his career high output from 2012.

Related: Encarnacion's agent says no 'serious' talks yet with Blue Jays

According to Westhead, Kinzer compares Encarnacion's value to that of Chris Davis, who earned a seven-year deal with the Baltimore Orioles last offseason worth $161 million.