If we have $35 to $55M to spend, this winter, I don't see how we can't replace ERod & Ottavino in kind.
If we sign these 4 key free agents
SP
SP/RP
Solid Set-up man
Utility man/1B
we should not have to skimp with any signing.
We could spend $25M on a SP, $11M on another, $8M on a RP'er and $6M on utility and be $12M over the tax line and $8M under the second penalty line.
More likely, we spend $20M SP, $10M on P, $5M RP and $5M on utility bringing us to $2M over the line. We'd be able to spend more at the deadline.
The other factor working against Bloom's normal Rays strategy of signing quantity (inexpensive) over quality (expensive), is the roster squeeze the Rule 5 players will force on the 40man roster construction choices.
I think we sign only 3-5 FAs to ML deals. This seriously hints at quality vs quantity.