Also money saved from Izturis, Romero and Navarro which would be around 15M.
Also, by going after FA SP, you'd rely much less on the young guys and have more depth.
However, it's not a guarantee that A. SP would even consider signing with Jays or B. the Jays would offer the terms and dollars required to make FA SP take them seriously.
It's not an easy situation, but that's where the team is at.