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Sternberg: Payroll to go down after this season

Posted Feb 15, 2010 by Roger Mooney

Updated Feb 15, 2010 at 09:16 PM

Rays owner Stuart Sternberg was a guest Monday night on the Rays weekly Hot Stove Show (WDAE 620 am) and told hosts Andy Freed and Dave Wills that Rays fans can expect a reduced payroll after this season.

“It won’t be 70 (million) and it won’t be 60 (million),” he said.

The payroll is around $72 million for 2010 and includes huge contracts for Carl Crawford ($10 million), Carlos Pena ($10.125) and newly signed closer Rafael Soriano ($7.25).

“We did out-spend ourselves last year and completely out-spent ourselves this year, and we’ll feel the effects of that next year,” Sternberg said.

Crawford and Pena are in the final years of their contracts. Soriano recieved a one-year deal.

Trading for and paying Soriano was a sign the Rays are loading up for another run at the World Series, but it is hard to see a scenario where the Rays resign Crawford, Pena, Soriano or any combination of the three.

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