Yeah the payroll stuff seems whatever. I actually rolled my eyes at Jed's attempt at retconning the Bellinger saga. I think payroll's legitimately down a smidge, I think Jed's just being his usual cagey self about what he can spend for leverage, and there's a bit of "well yeah of course an owner's going to be a big part of that convo" to the process stuff. Mooney just tonight reiterated the look to add a Turner/Canha type and said and that "the front office never stops looking for more pitching." So I'm not super worried that the wallet's literally empty.
I think from an execution standpoint, the rotation is obviously a guy short. And Rea REALLY sticks out like a sore thumb. I don't understand committing that money, and maybe more importantly that roster spot, to someone whose value seems to be mostly not being bad in a wide variety of roles. That is a floor raising move you do when your pitching staff is paper thin. On this team it seems inevitable that he spends large chunks of the season just in the way. And if you're right that Jed is left holding a bag, then Rea could have very easily been Max Scherzer.
There's pressure on the team to have either absolutely nailed the Boyd signing or have one of the young SPs step up in a big big way. Either are easy to envision, but jeez neither is something I'd want to count on in my walk year.