Not even close, really. Last year the Cubs:
- Ate $23M For Jason Heyward to not play for them
- Spent $177M on a SS and another $68M on a starting pitcher
- Chose to cut bait in-season on a few players, including a couple that will make a combined $10M in 2024 while not playing with the Cubs
- When they make trades, the Cubs will almost always eat salary to increase prospect return or give the other team cash in order to drop the prospect return.
- Came in just under the CBT at $230M (CBT threshold $233M), which was 10th in MLB in spending for 2023
- Spent $100M more in 2023 than 5 MLB teams
I’m not going to argue that the Cubs spend at the right level. They didn’t do enough last year and that’s a big part of why they came up short. They should have gone over CBT last season and I think they will this year (TBD), but this idea that the Cubs spend like the small-market teams is just false. Cubs can eat bad contracts other teams can’t and the Cubs spend at an above average level. Even when they went cheap in 2022, they were 15th in spending, which is dead middle.
Can certainly argue the Cubs spend like a mid-market team and sacrifice some advantage, but they don’t spend like the A’s or Royals.