On 8/28/1973, a category F4 tornado 22.3 miles away from the town center killed 4 people and injured 36 people and caused between $5,000,000 and $50,000,000 in damages. Gallatin-area historical earthquake activity is near New York state average. It is 88% smaller than the overall U.S. average.
Justin Verlander's contract is a problem for the Tigers. In March 2013, the Tigers and Justin Verlander agreed to a seven-year, $180 million contract. Things have not gone all that well for Verlander since then.
The bottom line? Even assuming that the Jays sign a free agent pitcher for $25 million per year, they would still have a total commitment of roughly $132 million in 2016. This compares to a guesstimated budget of ~ $147 million. So not only is a Price re-sign doable, but it even leaves room to maneuver in other areas.