The Jays are paying Morrow $8M this season. They will try to get value out of his arm, and rightfully so. Outside of that 8 walk start, I don't think he was bad this season. If he is healthy, which is obviously a big if with him, then he is just as good as a July 31st pick-up (unless the alternative is David Price or a healthy Cliff Lee). I mean, are we really excited about Hammel, Kendrick, McCarthy, etc?
The Jays won't be spending money this season. Hoping for Morrow to come back and Sanchez to help out in the 2nd half is probably the likely scenario.