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If I were running the team and had the freedom to do things my way, I would be trading Walker, Franklin and Peterson for Price and Zobrist and fighting like never before to extend Price. The Mariners' excuse in such a scenario is that they already locked up two players to 50+ million in payroll for the next 5 years and can't afford to take another mega-contract. They'll say it would limit our flexibility going forward. They are right if their payroll can't increase...but we all know that it can.
No one is buying what the Mariners are selling regarding smart investments and limited long term risk. Winning franchises take those risks.