If this regime really does believe in this position player core to break out and be better next season, and believe in the upcoming crop of pitchers, doesn't it make MORE sense to spend now on a bigger name than to stand pat and do nothing? Get ahead of the curve and add front loaded contracts while you still have still have the payroll flexibility and Vlad, Bo, Biggio etc. are all in their dirt cheap arbitration years. Who knows, maybe you can make a surprise run next year if you make a major addition.
Say we end up around $45M in committed payroll after Giles/Shoemaker arbitration raises. That leaves us $70M to be spent just to get to the opening day payroll threshold that we had THIS season. It makes total sense to go after a Gerrit Cole and frontload the hell out of that contract.
2020, age 29: $45M
2021, age 30: $45M (Tulo $18M off the books)
2022, age 31: $45M
2023, age 32: $25M with an opt-out (Vlad/Bo/Cavan arb1)
2024, age 33: $25M with an opt-out (Vlad/Bo/Cavan arb2, Grichuk off the books)
2025, age 34: $25M (Vlad/Bo/Cavan arb3)
2026, age 35: $25M
Total value: 7 years $235M. That would be the largest total contract value ever for a pitcher, and I think it's going to be incredibly appealing for Cole to get more than 50% of the contract value within the first 3 years.
Paying Cole $45M next season would still leave us $25M to play with which would be enough for the usual array of veteran bullpen arms, a Bucholz/Shoemaker type deal, and maybe even another position player. More importantly, it pushes the message across to the younger players that next year is when we expect you to step up.
If Rogers gives the go ahead for a $115M payroll next season, I don't see why they would really care about how it's allocated. Their balance sheet will say the same thing no matter what.