I agree the contention window opened in 2020, and the Sox spent on major free agents - Grandal, Keuchel, Encarnacion - that they hadn't before, and committed much more to extend Jose Abreu than most fans thought wise. They also locked up two cornerstones in Robert and Moncada.
This year they added Lynn. It's a one-year deal but gives them an inside track on extending him if it makes sense. They added Hendriks for several years. Eaton, meanwhile, is just a bridge player. But they are also bringing up Vaughn and Kopech and giving Collins a chance as backup catcher.
The payroll is going to grow considerably as all the young guys move gain experience, and as their contracts call for. Take any of the studs they have on long term deals.
Moncada - 2021 $6.8M, 2025 $25M
Robert - 2021 $3.5M, 2025 $15M
Jimenez - 2021 $4.3M, 2025 $16.5M
Anderson - 2021 $7.25M, 2024 $14M
Just for these 4 guys, 2021 $21.85M, 2025 $70M (fudging b/c Tim Anderson signed only through 2024).
Add in potentially doing something about Giolito, who only receives 4.15M in 2021 and you have the potential to increase payroll with just 5 guys by $70M.
If looked at this way, you can see why the Sox weren't in on Springer or Bauer, especially on long term contracts. They have been willing to supplement the core with short term free agents - 3-4 years tops - who they desperately have to replace with younger players in their cost-controlled years. So Lynn and Keuchel are bridges to Cease and Kopech and Crochet becoming TOR starters. Eaton is a bridge to Cespedes and/or Colas (if we sign him). It's hard to believe Collins will ever be a front line catcher, but he has 3 years to learn under Grandal before the Sox have to decide. Vaughn will eventually take over for Abreu.
We all think the Sox are a major market team and should act like one. But we all know the Sox play second fiddle to the Cubs financially, even when the Cubs are bad and the Sox are good. Chicago is likely never going to become a Sox town. Though another World Series title would help.
So I don't fault the team for it's approach. They have financial limits. I might not like them, but I can understand them. I don't think they are just cheaping out. I just want them to spend the money they have wisely, and to develop the players they have to play their best, and to win games with good management.
I'm excited about the prospects for this team and think we have a shot. I think we'll win the division by several games and are set up well for playoff baseball. But that's another post.