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Other than a Felix extension, Signing Chapman seems like the best way to take advantage of the M's current payroll felixibility.
As you have mentioned in earlier posts, if the M's do not spend this money, it will undoudtedly dissapear. Chapman seems like a better investment than O.Hudson, Abreu, N.Johnson, or anyother player you could throw money at.
A Chapman signing and a Felix extenstion would be a great way to begin this offseason.