you're assuming what "somewhat less than $150M" means...
My advice, don't get so caught up on all of this, you'll just end up being upset. It's all reports and who knows what (if anything) is true. Just relax. It certainly seems like teams will benefit by being patient this offseason. There don't seem to be many buyers and there are lots of quality players available. The Jays have flexibility to take advantage of this, which could accelerate AND extend their competitive window if they play this right.
Teams that say f*** it, it's only money and overpay almost always regret it.