On the heels of their first winning season since 2010, the Blue Jays are hoping to take the next step and reach the playoffs, though they may need to get creative with their payroll to make room for roster upgrades.

Guaranteed Contracts

Arbitration Eligible Players (service time in parentheses; projections via Matt Swartz)

Contract Options

Free Agents

With the exception of Dioner Navarro’s modest two-year, $8MM free agent contract last offseason, the Blue Jays have gone almost two full calendar years without a major transaction. Granted, the Jays reshaped their roster with some huge moves over last two months of 2012, but the lack of any significant follow-up has raised controversy in Toronto. Since the Jays led the AL East for over a month and finished only five games out of a wild card spot, fingers were pointed by both fans and some players at GM Alex Anthopoulos and the Rogers Communications ownership group for not making any acquisitions that could’ve put the team over the top.

A weakened Canadian dollar, the hiring of a new Rogers CEO within the last year and Rogers spending $5.2 billion to acquire NHL TV rights over its Sportsnet channels have all been cited as theories for the lack of Blue Jays-related spending. It could also simply be that the club’s $137MM payroll represents the full budget, so Anthopoulos wasn’t authorized to spend any further. Whatever the reason, it seems unlikely that Anthopoulos will have more than that $137MM figure to work with, and it’s possible the 2015 payroll could be lower.

Certainly, lots of teams would love to have “just” a $137MM budget, though Anthopoulos doesn’t have much room to maneuver given that $96.2MM is committed to only eight players for 2015. Roughly $11.6MM (as estimated by Matt Swartz for MLBTR) will be paid to their arbitration-eligible players if all are tendered contracts, though Josh Thole’s contract option can be exercised instead of going through the arb process and Juan Francisco stands out as a non-tender given how little action he saw over the season’s final weeks. That adds up to at least $104MM for 13 players, plus the Jays figure to pick up at least a few of their outstanding team options lest they create more holes on the roster.

Payroll space is of particular concern in regards to Melky Cabrera, whose solid bounce-back season will net him a significant free agent contract. Cabrera wants to stay in Toronto and the Blue Jays want him back, yet it remains to be seen if the two sides can match up on a new deal. The Jays will issue a Cabrera a qualifying offer at the very least, and as MLBTR’s Tim Dierkes noted in his latest Free Agent Power Rankings, teams could be hesitant to surrender a first-rounder and give an expensive multiyear deal to a player with a below-average glove and a PED suspension on his record.

This being said, Dierkes still ranked Cabrera as the eighth-best player in free agency since quality bats are a rare commodity this offseason. The Jays might be out of luck if they’re hoping the QO limits Cabrera’s market enough that they can re-sign him at a relative bargain. In his free agent profile of Cabrera, MLBTR’s Steve Adams made the point that the outfielder might actually be the safest bet among the top available hitters — Cabrera is younger and has more defensive value than Victor Martinez and Nelson Cruz, and he is a proven MLB quantity, unlike Yasmany Tomas.

Cabrera could be the litmus test for how tight a payroll crunch Toronto is facing. Something like Adams’ predicted five-year, $66.25MM contract isn’t an unreasonable sum for a team that has designs on contending and has only one player (Jose Reyes) guaranteed money past the 2015 season. If Cabrera signs elsewhere for such a deal, it’s a sign the Jays will continue to limit spending.

If Cabrera leaves, the Jays will have two outfield spots to fill since center fielder Colby Rasmus seems as good as gone. Rasmus had a disappointing season overall and received only 14 plate appearances in September as the Jays instead used younger players in center field. He seems likely to pursue a one-year deal elsewhere to rebuild his value, leaving the Jays with a combination of Anthony Gose, Kevin Pillar and top prospect Dalton Pompey juggling the center field duties. That trio and John Mayberry could form platoons in left and center, though you’d imagine that would only be the last-ditch plan if a more established everyday outfielder couldn’t be found to handle one of the two spots. Top-tier outfield free agents like Tomas and Cruz will be too expensive, so the Jays could pursue a trade for a left fielder and let the youngsters handle center.

Casey Janssen posted a 1.23 ERA in the first half of the season and a 6.46 ERA in the second half, as he was clearly affected by a severe bout of food poisoning during an All-Star break vacation. That late slump seemed to cinch his departure from the team, and Janssen won’t be the only notable relief arm to leave — Sergio Santos’ $6MM option will surely be bought out after a rough season and Dustin McGowan’s $4MM option is a bit pricey for a reliever without a defined role as a closer or setup man. McGowan still put up solid numbers once he became a full-time relief pitcher, however, so it’s possible the team could decline the option and seek a new contract with its longest-tenured player.

Some bullpen improvements are necessary after the Jays’ relief corps posted a collective 4.09 ERA in 2014, the sixth-highest bullpen ERA in baseball. The Blue Jays will look to upgrade the pen by adding setup relievers rather than pricey free agent closers, and then the setup options would either form a closer committee or one would eventually emerge as the ninth-inning preference. Top starting prospect Aaron Sanchez was dominant in a relief role in 2014, though the Jays would prefer to stretch him out as rotation depth rather than use him for significant bullpen innings.

The rotation went from a glaring weakness in 2013 to a relative strength in 2014. Mark Buehrle and R.A. Dickey were their usual solid selves, top prospect Marcus Stroman exploded onto the scene with an impressive rookie season, Drew Hutchison recorded 184 strikeouts over 184 2/3 innings in his first year back after Tommy John surgery and J.A. Happ rebounded from an injury-plagued 2013. Since Happ pitched well enough for his $6.7MM option to be exercised, Toronto projects to have the same starting five next year, with young arms like Sanchez, Daniel Norris, Kendall Graveman and Sean Nolin providing depth in the minors or the bullpen. After two injury-shortened seasons, Brandon Morrow’s $10MM club option is expected to be declined.

Anthopoulos isn’t ruling out the idea of adding another veteran starter in a trade, though I’d be surprised if the likes of Stroman, Hutchison or Sanchez were dealt given how the GM has so often spoken of the importance of young pitching depth. Could Anthopoulos make a lateral move by trading Buehrle? The idea has been broached in the Toronto media as a way to open up salary space, as while Buehrle is the definition of a reliable starter, he might not be worth the $19MM he’s owed in the final year of his contract.

I’m not sure dealing any pitching is a wise move given that the Jays would be lucky to replicate the general good health their rotation enjoyed in 2014. If they do make a move, however, I’d suggest dealing Dickey over Buehrle. The Jays might well have to eat some of that $19MM to make a deal happen and get a good MLB-ready piece back in return for Buehrle, while Dickey has a more palatable contract ($12MM in 2015, $12MM team option for 2016) to trade partners. From Toronto’s perspective, Dickey is also over four years older, hasn’t pitched as well as Buehrle in 2013-14 and is a bit more of a question mark simply by dint of being a knuckleballer.

Some of the same logic in trading Buehrle or Dickey to free up payroll space applies to Reyes, who is owed $66MM through 2017. The larger term and salary makes dealing Reyes a tall order, however, especially considering Reyes’ injury history and his declining defense; he hasn’t posted an above-average UZR/150 since 2008. Reyes reportedly played through injuries for much of the season so the Jays will have to hope that he’ll be healthy and productive for the remainder of his contract.

Reyes, Navarro, Jose Bautista, Edwin Encarnacion and Brett Lawrie hold down everyday positions around the rest of the diamond, though Lawrie’s actual position is up in the air. The Jays would prefer to see his excellent third base glove remain on the hot corner, though Lawrie saw some time at his old second spot last season and could be moved semi-permanently if the Jays can acquire an everyday third baseman. Of course, Lawrie isn’t a stable option himself, having spent significant time on the DL in each of the last three seasons.

There aren’t many attractive 2B/3B options within Toronto’s price range in free agency, so a trade might again be the ideal route for an upgrade. I cited the Cubs’ Luis Valbuena as a trade candidate in my Red Sox offseason outlook piece, and Valbuena (coming off a .249/.341/.435 season with 16 homers in 547 PA) might make even more sense for the Jays since he can play both second and third. The Marlins, White Sox and Rockies are all teams with second base depth that could be available in trades, and there’s plenty of room for improvement given that Toronto’s second basemen combined for only 0.5 fWAR in 2014.

Right now, Ryan Goins and Steve Tolleson are the top choices to platoon at second base, while Maicer Izturis will be in the mix. Izturis had a terrible 2013 season and was injured for almost all of 2014, so his three-year, $10MM contract has thus far been a bust for the Jays. Munenori Kawasaki was outrighted off the Jays’ 40-man roster but there’s a good chance the fan favorite infielder will be brought back as a minor league depth option.

A broken foot limited Adam Lind to only 318 PA last year, yet his injury history and inability to hit left-handers don’t offset his value as a righty-smashing bat. Lind posted a .942 OPS against right-handed pitching in 2014, so expect the Jays to exercise his $7.5MM option and use him in his usual role as a primary DH and part-time first baseman. Mayberry or Valencia fit as right-handed hitting complements to Lind at DH, or Reyes could even see some action at DH as an effort to keep him fresh.

Anthopoulos has stressed durability as one of his key musts for any new player, which goes towards a general team-wide goal to cut down on injuries and add bench depth. It’s no coincidence that the Jays’ red-hot stretch in May and early June came when they had almost all of their key performers healthy at the same time. They lacked the depth to withstand multiple injuries, however, and ultimately fell apart around the time when Encarnacion, Lind and Lawrie’s DL stints overlapped.

With promising young talent and and a very good veteran core, there is a lot to like about the 2015 Blue Jays on paper. They could be close to being serious contenders, and yet if the youngsters don’t pan out or the veterans start to decline, the Jays’ window of contention could just as easily start closing given how many key talents are only controlled (via team options) through 2016. The unknown payroll situation and the possibility that team president Paul Beeston could depart also adds to the winter uncertainty. The Jays have been so mysteriously quiet over the last two years that it’s hard to predict exactly how busy they’ll be before Opening Day, though with so many areas that need addressing, the club can’t get away with another offseason on the sidelines.