Lopez had a 65 wRC+ in AAA (346 PA) last season and is out of options. I mean, being more valuable than IKF isn't a high bar, so I guess it's possible if he figures something out, but I don't think it would have been wise for the Jays to bank on that in 2024.
The Jays should have stuck with their internal options over signing IKF, though. That I would agree with. Biggio, Espinal, and Clement on the big league side, and then a bunch of prospect depth in the minors. Oh well, just have to hope he has a couple of good seasons in him. Atkins has had a pretty good run with FA signings over the past few years (Ray, Springer, Semien, Phelps, Garcia, Gausman, Kikuchi, KK, Bassitt, Belt, Green). IKF does feel a lot closer to Roark/Morales than those ones, though.