The Blue Jays have next to nothing in payroll obligations for 2012

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Some teams have all the luck.

Just a couple of years ago, the Blue Jays were stuck with massive commitments to both Alex Rios and Vernon Wells. But thanks to some old fashioned generosity by White Sox general manager Ken Williams and Angels general manager Tony Reagins, the Blue Jays don’t have to worry about paying either of them anymore.

The Blue Jays are now blessed with tremendous financial flexibility moving forward. In fact, according to Cots Contracts, the Blue Jays have only $17.4 million in payroll commitments for 2012. This includes contracts for Adam Lind, Ricky Romero, Rajai Davis and prospect shortstop Adeiny Hechavarria and buyouts for Octavio Dotel, Jon Rauch, Edwin Encarnacion. Aaron Hill still has a series of club options from 2012-2014 and the club will have potential arbitration cases with several players, including Mike Napoli, Yunel Escobar and Brandon Morrow. There’s also the matter of whether they sign the arbitration-eligible Jose Bautista to a multi-year contract.

Don’t forget that the Blue Jays also have a boatload of early draft picks — seven in the first 80, to be exact — which should help bolster what is already one of the deepest farm systems in baseball. The American League East is a tough place to compete, but Blue Jays general manager Alex Anthopoulos is quietly building something pretty interesting in Toronto.