AA's suggestion that he's reconsidering the FA market suggests to me that the Jays do in fact have money to spend, they just don't like the prices at the moment (and if Santana and Jimenez really do each want 20M / year, then I completely agree).
There could be some other interesting things that come out of the Tanaka situation though too, especially if Seattle gets him. Would they then turn around and trade King Felix for example? Would they be willing to trade for a guy like Rasmus in that situation (say Rasmus + Sanchez + Gose for Walker + Saunders + Franklin or something)? Worth thinking about, as they certainly do have some logjam to clear out.