Obviously the best approach is to assume the worst, but if you focus just on what we're hearing this winter and don't anchor too hard on our priors coming into the offseason it does make you wonder if there's more money to play with than we've been accounting for. Consider:
- The team is ~$55M under the luxury tax right now, and using the team's typical "set $10M aside as buffer" philosophy our standard assumptions imply Jed has ~$45M to play with
- Top of the rotation arms in FA have been mentioned repeatedly. Dylan Cease, who will make north of $25M per year, and Michael King, who will make about $20M, have been singled out frequently
- The trade route, which would be significantly cheaper payroll wise, has not had nearly as much smoke. Notably even after Shota accepted his offer the focus still seems to be addressing SP through a top of market FA. Honestly it is weirdly quiet all around on the trade front given the chips Jed has in his pocket
- The team is being heavily connected to the upper middle class of closers. Guys who are going to make $10-12M a year. Devin Williams, who will likely get north of $15M, is being treated as unlikely but not being ruled out
- The team needs a volume of relievers. I believe Mooney used the term "bulk shopping." Even if all of these guys are modest signings, the number of them means this is probably another $10-15M in aggregate
- Things have been quieter on the bat front. There have been a few specific names mentioned here or there but generally it's just "right handed bat". It hasn't been rumored yet, but the team also clearly needs a backup middle infielder unless said bat provides coverage there. This is also probably about $10M unless you really skimp. Like for instance Turner + Berti last year were modest signings and combined for $8M
- There have been occasional ties to bigger bats. Most notably IMO Passan last week tied us to Bregman again. So there are seemingly scenarios where the team is willing to throw $$$ at a bat. Makes you wonder if a more substantial bat is on the table in the event they get their big SP via trade?
So all told even on the lowest end that's $50M the team seems committed to spend from here, probably north if $60M. Now of course trade(s) could be used to cover that $$ gap with prospect currency, that'sprobably the most likely outcome. And of course the team could just cut corners somewhere. But from the vibes and smoke out there right now free agency seems like the focus and to get all of the shopping they seem committed to done it makes you wonder if payroll is going to spike a bit to be $260Mish for a year