On what do you base the statement "There is not much reason they couldn't push payroll to $150? In the real world any report of this nature that did not validate such an assumption would have zero credibility. You also have a key assumption of that the Twins outbid the Yankees for Corbin who is from NY and the Yankees have $300M in revenue more than the Twins. It's fantasy baseball at best.
The revenue reports for 2018 are not out yet. In 2017 the Twins ranked 21st in revenue with $261M. Whre would you expect a team 21st in revenue to rank. 16th looks quite reasonable
If you look on that list, several of the top teams made 80-100M. The Twins made $23M with a payroll of roughly $20M less than 2018 payroll. It would appear they were willing to push payroll to a level that would assure meager profits in 2018. To say there is no reason they could not push to $150M is uninformed or assumes they should operate as a non-profit.
There have been a number of years past in which the organization underspent significantly, thereby padding its retained earnings column. And even when the profit margin has been less than ideal, they reaped a return on investment in the form of "unrecognized" capital gains, i.e. an increase in franchise value. So I think it's fair for fans to hope the organization takes a longer view backwards and forwards when these investment decisions are made, and I very much believe they do.
They have aggressively spent over the past two years, but on infrastructure and non-player talent. OMO, this has been both prudent and foresighted. But now it's time to invest in specific (MLB) player talent. I don't know the details, but have observed enough of the Pohlad Companies operating philosophies and strategies in their other businesses to believe that they continue to adhere to certain disciplines and business guidelines, and given the publicly-disclosed revenue numbers, it doesn't seem like a $150M number is unrealistic, ESPECIALLY because it's not merely an expense but an investment that can be expected to generate immediate revenues.
And therefore, I'm birdwatcher, and I approve this message.