The Blue Jays have four out of options players with less than five years of big league service time, according to MLB.com's Gregor Chisholm: Rajai Davis, Dustin McGowan, David Purcey, and Jo-Jo Reyes. Davis and Purcey are expected to make the team and McGowan will start the year on the DL, leaving Reyes as the one member of this group who is on the bubble for Toronto.
As Chisholm explained on February 28th, Reyes is currently part of a four-man battle for the last two spots in the Blue Jays' rotation, along with Jesse Litsch, Marc Rzepczynski and Kyle Drabek. Reyes could wind up in the bullpen instead. The Blue Jays risk losing Reyes if they can't find a spot for him on the 25-man roster, as he's out of options. Reyes struggled in his first Spring Training appearance, but pitched well on Saturday with three scoreless innings.
Reyes, 26, was acquired by the Blue Jays from the Braves in the July Yunel Escobar trade. Baseball America regarded him as the Braves' eighth-best prospect heading into the 2007 season, calling him a "thick-bodied lefthander who does a good job of keeping hitters off balance." Reyes has only 194 big league innings to his credit, as he's dealt with injuries and command and control problems.
One team exec I spoke to feels that Reyes would not clear waivers, as a lefty with decent stuff. He doesn't think it will come to that, as the Blue Jays can probably find a trade partner if they don't have a spot for the southpaw.