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If I were Jack, I would be aggressively pursuing a salary dump in the outfield or third base. My criteria would be not too many years left on the deal, say one or two. If you could get Carlos Lee for a bucket of balls, I do it. He doesn't damage your flexibility. I don't want Alfonso Soriano because he has three years left on his deal. Sadly, doesn't look like there are any good salary dump options at 3B.
Alternatively, they wait until the trade deadline and if the M's surprise us, they will have the payroll flexibility to add salary.
What I don't want to do is trade premium youth for expensive veterans. Would you trade Nick Franklin and Taijuan Walker for the priviledge of paying David Wright $31M total the next two years?