There is a TON of FA pitching next year. There's a lot of risk in spending big money on pitching...but big risks not having pitching for playoffs as well. I'm fine either way in these regards.
When it comes to Alonso, who do you find available in any way at his level (you said tons and I am genuinely interested). If we could find a cheaper route for a powerful bat, that money (or prospects) could go SP.