The Cubs‘ reported lack of spending capacity has been the offseason’s main storyline out of Wrigley Field, though in a recent radio interview on 670 The Score (partial transcript here), president of baseball operations Theo Epstein dismissed the idea that the Competitive Balance Tax is “dictating any of our actions or inactions this winter at all.” In regards to the $206MM threshold, “there are times when strategically you want to make sure you’re under it or where you don’t mind going above it. This isn’t one of those offseasons where strategically it makes a heckuva lot of difference to us,” Epstein said. “It’s just sort of traditional budgeting. You spend what you have. You don’t spend what you don’t have….We have more than enough resources to win, and that’s the way we’re going to continue to approach it.”
It should be noted that the Cubs are already over the CBT threshold, as Roster Resource calculates a luxury tax figure of slightly under $228.5MM for the current 40-man roster. If crossing the $206MM line altogether isn’t a concern for Epstein and his front office, a bigger issue could be the $246MM threshold, which would trigger a larger tax payment for the Cubs and a ten-position drop in the first round of the 2020 draft. If this estimated $17.5MM of payroll space is what the team really has to work with, it still doesn’t leave room for a major addition like Bryce Harper, who has been rumored as a target if the Cubs can shave some more salaries off the books.
