They spent almost 70 mil in AAV this offseason but it was all on one year deals outside of Tyler O'Neill (a guy they didn't need) so they were kind of cheap, kind of not.
OF Tyler O'Neill: Three years, $49.5MM (O'Neill can opt out after 2025)
RHP Charlie Morton: One year, $15MM
RHP Tomoyuki Sugano: One year, $13MM
RHP Andrew Kittredge: One year, $10MM (including $1MM buyout on 2026 club option)
C Gary Sánchez: One year, $8.5MM
OF Ramón Laureano: One year, $4MM (deal also has 2026 club option)
OF Dylan Carlson: One year, $975K
I think they thought they could dumpster dive on the rotation and rely on producing an elite bullpen again but you're a fool if you think you can build an elite bullpen year in, year out.