With Pablo's raise, it's now $74m on 3. So that leaves $60 million for 23 players now. Now we look at Willi Castro, Ryan Jeffers, and Chris Paddack raises ($17.5m) and we're down to about $40m for 20 players.
So before we're even considering the raises of our bullpen guys, we're looking at a max $18mil to spend in the bullpen if we're trying to stay in the $130-135 mil range.