Combined response to Matt, Doctor Gast, and MLR, from someone who hasn't mastered the MultiQuote button. Again, I get why it makes "sense" to assume that budget will go down based on revenue projection and that that's the general assumption for most teams. It may well happen for the Twins as well. Or it may not. In my work, I often remind people that a budget is first and foremost a planning document. It's not hard and fast. Good budgets aren't locked, and when circumstances call for it, you loosen the budget as easily as you tighten it. One thing I've been impressed with in this regime is their willingness to be opportunistic, including zigging when others zag. They focus on value and make gobs of moves, but on their timetable. Last winter, for example, while they were most certainly working within broad parameters, they seemed more focused on finding perceived "value" than on staying within a fixed number. We may not have liked exactly how they made each decision, but they made a good-faith attempt to address every need they had with a good value. That included a trade on Maeda and waiting until the price seemed right to sign Donaldson. One of those worked out better than the other, at least for last year. That included giving the QO to Odo and signing Hill. One of those worked out better than the other. And there was Clippard, Wisler, Chacin, again a mixture of results, but all good risks by their definitions. Those are also examples of their tendency to make multiple moves to nudge the needle rather than focusing on the splashy move. All that to say that to me, none of these options really fulfill all their needs. For example, one of the things they did well last year was entered spring training with 10 viable starting options, seven vets and three rookies, as I recall. This isn't a critique limited to you, Matt, but I'm not sure that I've seen any projections on TD that went beyond six or so deep as starting pitcher options. So while they may well shoot for a decreased budget, I think there's at least more than the proverbial non-zero chance that they will match or even exceed last year's total when they consider what the needs are and what's committed. They may well wait Cruz out, for example, but if they get to a point where they've committed $122M, Cruz falls to their target, and they still don't feel like they are where need to be, I think they'll plop down the remaining amount needed, even if it pushes them over the "budget." As an overspend, I think letting Rosario go was as much about the timing as it was the dollar. They didn't want to commit to an overspend that early in the offseason. If it was a February decision and they knew where they were elsewhere, they might have run with him. Pohlad seems to spend money when it's called for. He looks for value, but keeps the focus on the overall goal (including doing "corporate culture" things like paying minor leagues for a full season and giving to BLM). He most certainly is working from a revenue projection, but he's also smart enough to see the opportunity of a ton of revenue coming their way in 2022 if they strategically zig and go over budget far enough to have a legit shot at taking it all. And similarly, while they most certainly are looking at current revenue projections, they also most certainly are NOT looking at just one-year budgeting cycles. If they ended up close to a projected $140M after committing to Donaldson in 2020, they very well may have been targeting $150M in their two-years-out budget for 2021. They knew it was a four-year commitment to Donaldson, not a one-year commitment. The 2020 season is now a sunk cost, and a Pohlad doesn't approach his 2021 feeling the need to make back his losses on 2020. So even if you take a 10 percent cut from a planned 2021 budget of $150M, for example, you're still talking $135M, not $125M. So that's why I vote for "none of the above," but I'm not smart enough and haven't been following closely enough to have an alternate proposal at that level. I just don't think that they will try to shoehorn 12 spots (more really, when depth is considered) into just $40M when there's a division and more to be won. (Edit to add: Maybe another way to say it is, Pohlad seems like the kind of guy who would say, "Look, COVID has really messed things up. We don't know how things are going to play themselves. Revenue might be way down, but it might not be down as much as we think. Let's not overact. Go conservative on that $150M plan we had for 2021, and if we come up short on the revenue side, we'll deal with that later.")