Here's another way of looking at the Tanaka market. What if we compared each club's payroll at the beginning of the 2013 season (as a baseline) with their current obligations for 2014. By obligations, I am referring to players under contract only, and not those who are arbitration eligible. For example, the Cubs' payroll in 2013 to start the season was $107M. Their current obligations for 2014 are $51M. If they were to spend at the same level as 2013, they would still have $56M of headroom (headroom defined as last year's payroll minus this year's obligations to date). Now, I know the assumption of having the ability to spend to last year's level will vary from team to team, but we need to draw the line somewhere. So, here are the teams that have $40M or more in "headroom": $90M New York Yankees (if they don't adhere to the luxury tax limit) $62M New York Mets $56M Chicago Cubs $55M Chicago White Sox $51M New York Yankees (if they do adhere to their stated goal of staying under $189M) $50M Seattle Mariners $47M Baltimore Orioles $45M Atlanta Braves We've heard about the Yankees, Cubs and Mariners as being potential players. The Dodgers are a wild card - even though their current "headroom" is only $37M, they seem to spend at will. But, let's not lose sight of the Mets, White Sox, Orioles or Braves here. They seem to have the financial flexibility to pull off a Tanaka signing though I don't see the Braves or White Sox as holding much appeal to the young Japanese kid. The Mets might be lying there in the weeds ready to pull it off. Hoops