One year, $3.275-million for Reed Johnson coming off an injury-ravaged season sounds about right for the Jays.
There is a man writing baseball in Toronto who might take this as licence to whine about another one of "his guys" (read: undersized, modest physidal gifts and preferably white) getting shortchanged by that mean J.P. Ricciardi. However, it's a business and lefty-hitting Adam Lind (even if he starts in Syracuse) and Travis Snider have more upside beyond 2008.
As for defence, Lind had an .898 Revised Zone Rating last season -- second-best among American League left-fielders who played at least 450 innings. Who knows how he pulled that off, but he did.
(In the same post at Baseball Digest Daily, there's a note that last season's Ottawa Lynx leadoff hitter, Chris Roberson, has been dealt to the Baltimore Orioles.)