There is an old saying when discussing finances – you can’t have it all. Nearly everyone, even most wealthy folks, have to make choices at some point about how to spend their money.
Back in April of this year, Forbes released their annual Major League Baseball team values. The Philadelphia Phillies came in at ninth on the list with a $1.7 billion value attached.
But just because the Phillies are valued that highly doesn’t mean they can spend a billion dollars on player salaries.
How much can the team actually spend? Can they really afford a free agent contract of the magnitude that Bryce Harper or Manny Machado would surely command?