Let's say, for arguments sake, that the Jays decide to give Martin #2 money. $7.8M.
In that instance, it would leave them about $2.4M for rounds 2-5 (that includes the 5% overage).
So, they could theoretically give $1.6m fo the #42nd pick, $790K for the 77th...and then they'd need to sign a couple of $5K guys in round 4 and 5.