As Craig Edwards noted closer to the start of this offseason, the Phillies have a lot of money to spend. Edwards estimated that Philadelphia entered the winter with approximately $70 million in payroll space, trailing only a rebuilding Tigers club that is unlikely to invest as much in its major-league roster as in recent years. While the Phillies have also been in a rebuilding period in recent years, they believe they are on the ascent.

Earlier this offseason, I attempted to better understand when the Phillies might begin to spend and what type of spending might make sense in free agency for the club. While the Phillies are likely to keep significant spending power in reserve until next offseason to court the likes of Bryce Harper and Manny Machado, I thought some buying might make sense this offseason. Namely, this author thought it would behoove the club to target either some of the top free agents under 30 years old (like Tyler Chatwood, for example) and/or to explore two-year deals for talented arms like Michael Pineda and Drew Smyly — that is, pitchers coming off injury who wouldn’t benefit the club much in 2018 but could provide returns in 2019.

I closed with this:

The Phillies likely have their eye on spending next offseason, but there could be some opportunity this winter, too, for a team with about as much spending power as any club. At some point, they’ll need to use it.

Indeed, Philadelphia has started to use it considerable payroll space. They’ve just done it in a curious way.

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Episode 791
Both the guest and host on this edition of FanGraphs Audio attended last week’s Winter Meetings in Orlando, Florida. What this episode does is mostly address the biggest deals from that strange event and also other matters, as well.

Don’t hesitate to direct pod-related correspondence to @cistulli on Twitter.

You can subscribe to the podcast via iTunes or other feeder things.

Audio after the jump. (Approximately 48 min play time.)

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One of the changes to the most recent edition of the collective bargaining agreement between owners and players was the addition of a surcharge — a fancy way of referring to a second tax — to be levied upon those teams whose payrolls exceed the tax threshold by a certain amount. Specifically, teams that exceed the $197 million mark by $20-$40 million this season will be assessed a 12% surcharge. Clubs exceeding the threshold by $40 million or more, meanwhile, receive a 42.5% to 45.0% surcharge, depending upon whether a club is a multi-year taxpayer.

The surcharges occur on top of the luxury tax: 20% for a first-time payer, 30% for a second-time payer, and 50% for a third-time or greater offender.

Baseball essentially instituted a “soft” salary cap with the addition of the luxury tax, a vehicle adopted to curb spending at the top end of team payrolls, to protect owners from themselves. However, as I determined just before the Winter Meetings, that cap is becoming less soft and more rigid.

Baseball’s salary tax more and more resembles the NBA’s soft cap.

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The Dodgers made a big trade with the Braves over the weekend, and Jeff Sullivan did a great job of illustrating how, for Los Angeles, it mostly represented a trade of debt this season for debt next season. The deal allows the club to avoid the tax threshold for a year, resetting their penalty and allowing them (if they choose) to cross back over the threshold next year at less cost.

There’s certainly a reason they’d make that choice: next year’s offseason features a number of top free agents, Manny Machado and Bryce Harper chief among them. But we’re not done yet with the current offseason yet, and it’s an offseason following a World Series appearance for the Dodgers. What’s left for them to do? And what does Walker Buehler’s curveball have to do with it?

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As I noted in my post at the end of last week regarding Hall of Fame holdovers, the ballot is a bit of a mess right now. There are already seven players who’ve received at least 45% of the vote — generally a pretty good gauge of worthiness when it comes to the Hall — plus a handful of others (Larry Walker, in particular) who are lower on the ballot but deserve induction, as well.

Joining that group of deserving candidates this offseason is a collection of four additional players who merit a place in the Hall — as well as Omar Vizquel, who is getting a lot of votes in the early going. This year’s entries include one no-doubter (Chipper Jones), another who’s deserving and likely to earn induction on the strength of his offensive contributions (Jim Thome), and two more players who merit selection but whose case rests largely on defensive contributions (Andruw Jones and Scott Rolen).

Before we get to the contenders, let’s take a brief look at the players who’ve earned spots on the ballot with solid careers but lack much of a case for the Hall.

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Ben Lindbergh and Jeff Sullivan banter (and bantler?) about more Marlins trade requests, the Yankees’ outlook for 2018, antler-rubbing bats vs. bone-rubbing bats, and a scout quote about Shohei Ohtani, then discuss the financial implications of the weekend’s big Braves-Dodgers trade, the effects of the luxury tax, and the latest Manny Machado trade rumors.

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Players today are physically superior to those of previous generations. They’re bigger, they’re stronger, they’re faster. Thanks in part to advances in training methods, most modern-day athletes are fine-tuned machines.

Are they also smarter? Given the amount of information now available, from launch angles to spin rates to advanced stats, they certainly know things their forebears didn’t. Does that mean they understand the game better? I asked a selection of big-league managers for their opinions during the Winter Meetings.

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Craig Counsell, Milwaukee Brewers

“Hopefully we’re making progress. I think they should always be getting bigger; they should always be getting stronger; they should always be getting a little smarter. We have access to more and more information as we make progress in the game. So yes, I think so, but it’s not leaps and bounds. Some of it is that the information is a little different, and we’re asking the players to consume more information.

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The Marlins no longer have Giancarlo Stanton, who is extremely good. They no longer have Marcell Ozuna, who is very good. And they no longer have Dee Gordon, who is pretty good. Even if you trust that the Marlins’ new ownership group is trying to act in the team’s long-term best interests, it’s obvious that the club is rebuilding, and therefore won’t be any good any time soon. Given the circumstances, eyes have turned to Christian Yelich, an excellent player who might be traded. He’s not alone, however. J.T. Realmuto is a lesser-known player, but he’s a quality everyday catcher, and he wouldn’t mind being granted some freedom.

Craig Mish broke the news that Realmuto would like to be traded. Ken Rosenthal confirmed the report. Via Bob Nightengale, we learn the Marlins aren’t in a hurry to make a move. It’s not clear whether Realmuto made a demand, or if he just spoke to the possibility. And, of course, Realmuto has limited leverage here, since he can’t force his way out. Even the prospect of Realmuto performing worse because he’s unhappy would be bad for both the player and team. Whatever happens with Realmuto will happen. It’s not so much up to him. But — well, why stop at Ozuna? Where do the Marlins think that they’re going? Realmuto might as well be traded, and he would bring back a significant haul.

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Manny Machado is on the trade block. And rightfully so, as the Orioles are not very close to the other contenders in the AL East, and are looking at losing Machado, Zach Britton, and Adam Jones to free agency next winter. There is simply too large a divide to justify holding those guys and hoping the team lucks into a Wild Card spot, so moving their best pieces while they have the most value is the rational decision.

That said, as I’ve ready some of the suggested offers various teams could make to bring Machado to their city, it seems there remains a disconnect between the understanding of Machado’s abilities and Machado’s trade value. It’s unquestioned that Machado is one of the best players in the world. He’s a star, and will be paid accordingly in free agency next year. But for anyone acquiring him, he’s a one-year rental, with some fringe benefit of being able to try to get him to give you a discount in free agency next winter. That’s worth something, but it isn’t worth the kinds of packages that people seem to expect.

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