The way I read this whole Santana affair is that his agent did a number on the Jays and O's. He used them to stir up interest in his client and even got a 3-year offer from the Twins in the process. I think they used the media, including Rosenthal, to spark interest by spreading the rumour that he was now not only willing to sign a 1-year deal, but also sign quickly. After seeing the immediate reaction and offers by the Blue Jays, Orioles, Twins and Rockies, they figured, "now that we have offers on our hands, why not wait a few days and see what happens? These teams won't be withdrawing their offers any time soon".
It is what it is, this is an "in-between" franchise. They made last year's moves, IMO, to avoid going into 2013 with a team expected to lose 90 to 100 games. AA certainly went full retard with the Dickey trade though, that's a trade that's gonna haunt him and this franchise in particular, for a loooong time. Hate to rehash it, but it is what it is.