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It appears to me that since Bedard is a free agent and has not been offered arbitration, the Ms are not subject to the limit on reducing a salary by more than 20%. That only appears to apply to players who are not free agents.
BTW, it sure looks to me like they aren't going to settle for Felix-Lee-spaghetti. They're staying cozy with Bedard and scouting Kelvim Escobar (a little news nugget that kind of got lost in the shuffle).
Why not trot out three guys with Cy stuff in your playoff series?