From Shi Davidi:
"What we know of the Blue Jays’ script so far is this: They made a strong offer for Andrew Heaney, according to an industry source, before the left-hander agreed on an $8-million, one-year deal with the Los Angeles Dodgers, and discussed an extension with Matz.
An intriguing question is whether a yes from one would have cut them off to the other, and that would be especially instructive about their intentions for the rotation. They’ll have to backfill for Ray and Matz if neither returns, making two starters a clear need, but successful upside plays akin to the ones both lefties provided in 2021 are essential for them.
As a more established commodity than Heaney, Matz will get more term and a bigger number in average annual value, but adding both wouldn’t have precluded the Blue Jays from trying to land an impact player, as well.
The guess here is that the ideal target for them in that regard is Corey Seager, a dynamic left-handed hitter who could slide over to another infield spot the way Marcus Semien did last year."
https://www.sportsnet.ca/mlb/article/markets-early-days-reveal-blue-jays-off-season-script/