BTS did a great job of this for 2014, I'm sure we'll get one for 2015
committed payroll right now (including buyouts)
$96.2M (Reyes, Buehrle, Bautista, Dickey, EE, Izturis, Navarro) with options on (Morrow,, Lind McGowan, Happ, Thole and Santos)
So assuming Thole, Lind and Happ are picked up. that's 14.75M more. Now approximate $111M
Arbitration cases
Francisco, Cecil, Reimold, Johnson, Valencia, Lawrie, Delabar, Hutch (if he hits Super 2 which is expected), Muni, and Mastro.
Only Lawrie, Cecil and Hutch stand to make much there and chances are most of those others sign near league min if they are signed at all. Of the 10 of them I'll say 7 sign for a total of $10M (very rough estimate) Now $121 M
Which means $121M for 20 of your 40 players with glaring holes in the Pen and OF. Really it's likely that Beest isn't lying they need to increase payroll just to remain the just above .500 club they are.