The Phillies continue to look for an outfielder, a right-handed reliever for the late innings, and starting rotation depth. But with a payroll that is butting up against the third luxury-tax threshold ($281 million), they would face a 95% tariff on every dollar spent up to $301 million. And if they push beyond that mark, the tax rate will rise to 110%.
Think of it this way: Signing a free agent for more than $20 million per year would actually amount to nearly a $40 million expenditure.
It’s almost certain, then, that the Phillies will be more active in the trade market than free agency, according to multiple major-league sources. And the trade market might not develop until more free agents come off the board.
I don't know that the money is the issue (nor should it be if they are going into the draft penalty regardless). More that the OF FAs aren't worth it, and neither is rotation "depth."
